61 E Chicago Street

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61 E Chicago Street

Coldwater, MI 49036
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office asset spanning 1,333 square feet total
  • Centrally located property within the city of Coldwater
  • Versatile layout suitable for various professional service firms
  • Positioned in a stable regional market in southern Michigan
  • Available for purchase as a primary office or investment

What's Special

Professional services or boutique administrative firms will find this 1,333-square-foot traditional office space at 61 E Chicago Street well-suited for daily operations. Located in the heart of Coldwater, Michigan, the property provides a functional footprint for businesses seeking a dedicated workspace in a regional hub. Coldwater maintains a steady pace of local commerce, supported by a mix of retail, municipal, and small business interests within Branch County. This office asset serves as a viable option for owner-occupiers or investors looking to establish a presence in a stable Midwest market. Its position within the downtown corridor allows for straightforward access to local amenities and surrounding residential areas. The layout supports a variety of professional configurations, including financial services, legal practices, or creative studios, providing flexibility for different business models. The building serves as a practical solution for firms aiming to capitalize on the connectivity and economic environment characteristic of the southern Michigan landscape.

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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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