105 N Phelps Street

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105 N Phelps Street

Decatur, MI 49045
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 4,180 square feet of interior space
  • Located at 105 N Phelps Street in Decatur, Michigan
  • Asset type classified as retail with a storefront configuration
  • Available for purchase in a established regional commercial market
  • Functional layout suitable for diverse retail or service businesses

What's Special

This 4,180 square foot retail storefront at 105 N Phelps Street presents a functional space for business operations in the heart of Decatur, Michigan. The property sits within a community that benefits from steady local commerce and established regional infrastructure, making it a viable candidate for various retail, service-oriented, or showroom ventures. Its layout accommodates business owners seeking a brick-and-mortar presence within this accessible submarket. The storefront structure allows for diverse configuration possibilities, fitting the requirements of a boutique retailer, professional service provider, or specialty shop looking to capture local foot traffic. Investors and occupiers will find the site positioned to serve the immediate demographic needs of the surrounding Decatur area, which remains a consistent focal point for neighborhood economic activity. Prospective buyers are encouraged to evaluate how this footprint aligns with current operational goals in a quiet yet connected Michigan corridor.

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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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