589 W Main Street

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589 W Main Street

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).

  • Retail storefront spanning 3,018 square feet of usable space
  • Located on West Main Street in Benton Harbor, Michigan
  • Flexible layout accommodating diverse retail or service-oriented business models
  • Situated in a well-connected submarket of southwest Michigan
  • Available for acquisition as a standalone retail commercial asset

What's Special

Retail storefront operations find a practical home at 589 W Main Street in Benton Harbor, Michigan. This 3,018-square-foot asset provides a versatile footprint suitable for boutique commerce, professional services, or neighborhood retail concepts. The property occupies a position within the Benton Harbor submarket, a region known for its proximity to Lake Michigan and ongoing efforts to revitalize local commercial corridors. Investors and business owners looking for a foothold in this established community will find this space adaptable to various operational needs. The layout supports efficient floor planning for customer-facing enterprises while maintaining a manageable scale for localized business management. Benton Harbor serves as a key logistical node in southwest Michigan, benefiting from regional transit routes and a steady flow of local traffic. Prospective buyers can leverage the existing square footage to establish a consistent presence in this growing submarket, ensuring long-term utility for retail-focused ventures.

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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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