107 West Delaware Street

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107 West Delaware Street

Decatur, MI 49045
Asking Price
$300K
Asset Type
Pharmacy/Drug Retail
Class
Class B

AI Property Summary

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

  • Retail pharmacy and drug store asset for sale
  • Located at 107 West Delaware Street in Decatur
  • Current site of a successful local provisioning center
  • Commercial investment opportunity priced at 300000 dollars
  • Positioned within a reliable and accessible suburban market

What's Special

Operating as a successful provisioning center, this retail property at 107 West Delaware Street in Decatur, Michigan, presents a functional space for continued operations or alternative retail business models. The building serves the local community within a region characterized by steady suburban commerce and accessibility. Its layout and configuration are well-suited for businesses requiring a retail storefront with established utility in the local market. Investors or business owners seeking a foothold in the Decatur area will find this pharmacy and drug subtype property a practical addition to their portfolio. The building sits at coordinates 42.1080, -85.9748, providing a central location for customer-facing services. With its current use demonstrating the viability of the space for specialized retail, the asset offers a clear path for buyers looking to maintain existing operations or transition the storefront for other neighborhood-oriented commercial uses. The property maintains a presence in a stable regional economy, supporting a variety of business ventures.

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NOI
$80,000
Cap Rate
26.67%
DSCR
4.49
Strong
Cash-on-Cash
69.10%
Monthly Payment
$1,484.236
Annual Cash Flow
$62,189.164

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