106 N State Street

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106 N State Street

Shelby, MI 49455
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 located at 106 N State Street in Shelby.
  • The building features an interior footprint of 1,320 square feet.
  • This commercial asset is currently available for purchase in Michigan.
  • The site sits in a central location within the local community.
  • The property layout supports diverse retail or small business use cases.

What's Special

This retail storefront spans 1,320 square feet at 106 N State Street in Shelby, Michigan. The property sits within the heart of the community, serving as a functional space suitable for various local business operations. Retailers in this region benefit from a steady flow of local patronage and the overall economic landscape of the area, which supports small business development and long-term commercial investment. The open floor plate provides flexibility for owners looking to establish a boutique shop, a service-based storefront, or a similar commercial venture. Investors focusing on the Shelby market will find this asset positioned to capture traffic within the central business district. Its straightforward layout allows for efficient tenant improvements, making it a practical addition to a commercial portfolio in this Michigan submarket.

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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