254 Colfax Avenue

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254 Colfax Avenue

Benton Harbor, MI 49022
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial retail storefront comprising 2,560 square feet of space.
  • Located at 254 Colfax Avenue in Benton Harbor, Michigan.
  • Property sits within the broader landscape of Berrien County.
  • Asset is currently available for purchase by commercial investors.
  • Ideal location for local retail or professional service businesses.

What's Special

Retail operations can establish a physical presence at 254 Colfax Avenue, a 2,560 square foot storefront situated in Benton Harbor, Michigan. This asset provides a functional footprint suitable for a variety of commerce-driven enterprises looking to serve the local community. Given the property's size and layout, it accommodates diverse merchandising strategies or professional service models that require street-level visibility and accessibility. Benton Harbor remains a significant center within the Berrien County region, benefiting from its proximity to major transportation arteries and the shores of Lake Michigan. Business owners investing here gain access to a market characterized by its industrial heritage and ongoing revitalization efforts. This storefront represents a practical acquisition for parties interested in a mid-sized commercial space within a well-established submarket of the Great Lakes region.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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