506 Marshall Street

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506 Marshall Street

Litchfield, MI 49252
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • This retail storefront property offers 13,476 square feet of functional space.
  • The site is located at 506 Marshall Street in Litchfield, Michigan.
  • The building is currently available for purchase by investors or business owners.
  • Its flexible layout supports various retail or commercial service business operations.
  • The property provides a centralized location for serving the Litchfield community.

What's Special

Spanning 13,476 square feet, this retail storefront located at 506 Marshall Street in Litchfield, Michigan, provides a functional footprint for diverse commercial operations. The property sits within a community characterized by its small-town atmosphere and regional accessibility, serving as a hub for local commerce. Retailers benefit from the straightforward layout, which accommodates a variety of merchandising configurations or potential conversion projects aimed at capturing local consumer demand. Business owners looking to establish a foothold in this part of the county will find the location well-positioned to serve residents throughout the surrounding rural and residential areas. Given the dimensions and layout, the facility is suitable for traditional retail trade, service-oriented businesses, or specialized showroom use. Its placement in the Litchfield market offers a stable environment for long-term operational planning, balancing utility with the inherent character of the region. Investors and entrepreneurs should evaluate this asset for its capacity to meet various professional requirements within a manageable and accessible community setting.

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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

Location & Travel Times