47 N Broad Street

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47 N Broad 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).

  • Available for sale at 47 N Broad Street in Hillsdale.
  • Retail storefront property encompassing a total of 3,680 square feet.
  • Versatile layout suitable for various local retail and service businesses.
  • Strategically positioned to benefit from local pedestrian and vehicle traffic.
  • Well-located within the active commercial district of Hillsdale, Michigan.

What's Special

This retail storefront property in Hillsdale, MI is currently available for sale, presenting a practical acquisition for an owner-occupant or a local investor looking for a functional commercial space. Measuring 3,680 square feet, the building occupies a central position at 47 N Broad Street, providing high visibility in a community known for its steady regional commerce and local trade. The layout is well-suited for a variety of retail concepts, including neighborhood boutique shops, professional service storefronts, or small-scale showroom operations. Its location within the Hillsdale corridor benefits from established pedestrian and vehicular traffic patterns common in small Michigan municipality downtowns, offering a reliable foothold for businesses seeking to capture local demand. The building serves as a versatile footprint for entrepreneurs aiming to establish a brick-and-mortar presence in a stable, growing suburban environment within the broader southern Michigan region. Prospective buyers will find this property provides a straightforward entry point into the Hillsdale retail market, balancing square footage needs with a practical configuration for daily operations.

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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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