112 S Phelps Street

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112 S 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 property located at 112 S Phelps Street
  • Total building size measures 3,888 square feet
  • Asset is currently available for purchase in Decatur
  • Site supports diverse retail or commercial business uses
  • Positioned within the established local downtown business district

What's Special

Decatur serves as a key community within Michigan, providing a accessible environment for local commerce and economic activity. Situated along South Phelps Street, this retail storefront offers 3,888 square feet of interior space ready for repositioning or immediate operations. The site provides high visibility within the local downtown business district, making it a functional candidate for boutique retail, service-oriented businesses, or specialized commercial showrooms. Investors and business owners seeking an entry point into this region will find the layout adaptable for various floor plans. The structure benefits from its central position, connecting easily to regional transit routes that support the broader southwestern Michigan economy. This property functions as a practical asset for those looking to establish a permanent presence in an evolving market characterized by steady local demand and an emphasis on community-driven growth.

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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

Location & Travel Times