103 E Main

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103 E Main

Hanover, MI 49241
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 located at 103 E Main in Hanover, Michigan
  • Asset encompasses a total of 7,333 square feet of space
  • Property is currently available for purchase in a central location
  • Versatile building configuration suits diverse retail or office operations
  • Situated within a stable and accessible regional market area

What's Special

Retail storefront for sale at 103 E Main in Hanover, Michigan. This 7,333 square foot asset provides an flexible environment suitable for an owner-user or an investor seeking a presence in this established community. Hanover serves as a quiet, growing local hub within the broader Jackson County market, offering a steady environment for neighborhood-oriented businesses and service providers. The layout accommodates various retail, showroom, or professional office uses, allowing a purchaser to customize the space to specific operational requirements. Positioned along the primary commercial corridor of the city, the property maintains accessibility for local residents and regional commuters alike. Proximity to major regional thoroughfares ensures connectivity to the surrounding rural and suburban landscape. This building serves as a practical asset for businesses looking to secure a foothold in a stable Michigan municipality with consistent demand for accessible storefront space.

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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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