146 State Street

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146 State Street

Hillsdale, MI 49242
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 property located in downtown Hillsdale, Michigan.
  • Total interior space measures 1,150 square feet.
  • Property is currently available for purchase on the market.
  • Efficient layout suitable for diverse retail or service businesses.
  • Situated in a well-established regional commercial center.

What's Special

This 1,150-square-foot retail storefront at 146 State Street sits within the heart of Hillsdale, Michigan. The property serves as a functional space for small-scale retail operations, boutique services, or local service-based businesses looking for a presence in the downtown corridor. The local economy in Hillsdale is supported by a mix of educational institutions and small-town commerce, creating a stable environment for independent retailers. Positioned with visibility in a regional hub, the storefront provides a practical footprint for entrepreneurs or investors focused on the neighborhood market. The layout supports efficient floor planning for display-heavy retail or customer-facing administrative operations. Prospective buyers can leverage the established character of the area to drive foot traffic and build local brand loyalty. This asset represents a straightforward acquisition for those seeking a manageable commercial footprint in a well-established Michigan community.

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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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