401 Chestnut Street

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401 Chestnut Street

Reading, MI 49274
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

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

  • Business-only offering located at 401 Chestnut Street in Reading.
  • Facility footprint measures 2,600 square feet for business use.
  • Property is situated within the steady economy of Hillsdale County.
  • Asset provides a versatile space for local professional operations.
  • Business is currently available for purchase in southern Michigan.

What's Special

Reading, Michigan serves as a quintessential community in Hillsdale County, characterized by its steady pace and connection to the broader regional economy of southern Michigan. This business opportunity features a 2,600-square-foot footprint, providing a functional base for commercial operations in a market that values accessible, local service providers. With its strategic location, the site is positioned to serve both the local population and regional traffic passing through the area. This business-only offering provides a practical entry point for entrepreneurs or investors seeking to establish a foothold within this established submarket. The layout accommodates various operational needs, making it well-suited for a range of professional or service-oriented business models. Prospective operators will find the size of the space adaptable to specific requirements, allowing for an efficient integration into the existing commercial landscape of Reading.

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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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