1598 S Main Street

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1598 S Main Street

Martin, MI 49070
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 asset available for purchase in Martin
  • Total building footprint spans 5,019 square feet
  • Versatile layout accommodates diverse retail or commercial uses
  • Located on Main Street within Allegan County
  • Functional space suitable for owner-occupiers or investors

What's Special

Retail storefront properties for sale at 1598 S Main Street provide a functional asset for investors or business owners seeking a presence in Martin, Michigan. This 5,019 square foot building presents a versatile layout well-suited for traditional retail, service-oriented businesses, or specialized showroom operations. The property is situated within a local corridor that benefits from the steady economic activity characteristic of smaller municipalities in Allegan County. Its footprint allows for multiple configurations depending on the specific operational requirements of a tenant or owner-occupier. Buyers looking to secure a foothold in the regional commercial market will find the structure offers significant utility for various commercial ventures. The surrounding area supports a variety of community-focused businesses, making this location a practical choice for establishments aimed at serving the local population. Investors may consider the potential for tenant diversification or the expansion of current retail operations to better serve the needs of the surrounding suburban and rural communities in this part of the state.

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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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