108 S Main Street

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108 S Main Street

Reading, MI 49274
Asking Price
$235K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase at 108 S Main Street.
  • Property features a total area of 3,324 square feet.
  • Offered to the market at an asking price of $235,000.
  • Located in the town of Reading, Michigan within Hillsdale County.
  • Versatile floor plan suitable for retail or office commercial uses.

What's Special

This retail storefront in Reading, Michigan, is available for purchase and presents a functional option for business owners or investors seeking a commercial footprint. Situated at 108 S Main Street, the property encompasses 3,324 square feet of space. The asset is well-positioned within the local community, benefiting from the steady pace of this growing regional market in the state. Prospective buyers might consider this storefront for retail operations, professional office space, or specialized service businesses requiring street-level visibility. Its layout accommodates a variety of commercial configurations, making it a practical addition to an investment portfolio or a permanent base for an owner-occupied business venture. The building serves as a reliable fixture in the central business area, offering straightforward access for customers and staff alike. Given the layout and square footage, the space provides the necessary infrastructure to support diverse commercial needs within this established Michigan submarket.

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NOI
$80,000
Cap Rate
34.04%
DSCR
5.73
Strong
Cash-on-Cash
93.69%
Monthly Payment
$1,162.652
Annual Cash Flow
$66,048.179

Location & Travel Times