59-61 N Broad Street

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59-61 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).

  • Retail storefront property available for acquisition in Hillsdale, Michigan.
  • The building features 3,190 square feet of commercial floor space.
  • Positioned on North Broad Street within a central business district.
  • Property is well-suited for retail, service, or professional office uses.
  • Hillsdale benefits from a stable local economy and academic presence.

What's Special

This retail storefront in Hillsdale, Michigan, is currently available for sale and represents a functional asset for an owner-user or an investor seeking a footprint in the local market. Spanning 3,190 square feet, the property occupies a position on North Broad Street that provides visibility within the downtown corridor. Hillsdale serves as a regional hub for trade and education, supported by the presence of Hillsdale College and a steady base of local commerce. Its central location makes it suitable for traditional retail operations, boutique service businesses, or a professional office setting requiring street-level accessibility. The building layout accommodates a variety of configurations, allowing for efficient floor plan utilization based on specific operational needs. Investors looking to acquire commercial space in a growing suburban Michigan market will find this property provides a foundational presence for long-term business activities.

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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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