137 W Main Street

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137 W Main Street

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).

  • Commercial retail storefront measuring 1,624 square feet
  • Located at 137 W Main Street in Hanover
  • Suitable for small businesses or professional service offices
  • Positioned within a traditional village downtown district
  • Strategically located in a growing Michigan market area

What's Special

Retail storefront space at 137 W Main Street in Hanover, MI, provides a functional setting for local businesses looking to establish a presence in a classic Midwestern village environment. Spanning 1,624 square feet, this property is well-suited for boutique retail operations, service-based businesses, or professional offices seeking street-level visibility. The building is situated within a traditional downtown corridor, benefiting from the steady pace of this Jackson County community. Occupants will find a straightforward layout adaptable to various commercial layouts, allowing for efficient use of the interior floor plan. This retail asset serves as a viable option for investors or business owners aiming to capture local consumer traffic in a growing suburban area of the region. Its location offers accessibility for residents and visitors alike, maintaining the character expected in a small Michigan municipality. The property represents a clear opportunity for those seeking a manageable commercial footprint in a established neighborhood setting.

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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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