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227 E State St
Hanover, MI 49241
Asking Price
$279K
Asset Type
Executive Office Retail
Class
Class B
What's Special
Retail | 2,000 SqFt <ul><li>Cross Streets : S Dean and E State</li><li>Lot Square Footage : 72,745</li><li>Total SqFt L : 2,079</li><li>Ceiling Height : 8</li><li>Property Use : Business</li><li>Uses : Institutional, Professional Service, Professional/Office, Retail, Other</li><li>Business Includes : Real Estate</li><li>Construction Type : Block</li><li>Exterior Material : Brick</li><li>Roofing : Composition</li><li>Foundation : Slab</li><li>Sewer : Septic Tank</li><li>Water : Well</li><li>Utilities A
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NOI
$80,000
Cap Rate
28.67%
DSCR
4.83
Strong
Cash-on-Cash
75.79%
Monthly Payment
$1,380.34
Annual Cash Flow
$63,435.923
