227 E State Street

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227 E State Street

Hanover, MI 49241
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

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

  • The business is currently offered for sale in Hanover, Michigan.
  • Property address is located at 227 East State Street.
  • This listing is for the business entity only.
  • The location is situated within the Jackson County submarket area.
  • Business acquisition provides entry into the local Hanover market.

What's Special

This business for sale at 227 E State Street in Hanover, Michigan, presents a focused acquisition target for investors or entrepreneurs seeking to enter the local market. The offering consists of the business entity itself, providing a foundation for established operations within this Southern Michigan community. Hanover maintains a small-town atmosphere characterized by its agricultural ties and proximity to larger regional hubs in Jackson County, making it a functional setting for independent commercial ventures. Operating in this submarket allows a new owner to leverage the existing local customer base and community presence. The business-only acquisition structure is suited for buyers looking to implement their own management strategies or integrate the operation into a larger portfolio. Prospective purchasers should evaluate the current operational workflows and market position to align the entity with their strategic growth objectives within the regional economy.

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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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