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 located at 106 N State Street in Shelby.
  • Property features a total area of 1,320 square feet.
  • Well-positioned for various small-scale retail and service businesses.
  • Located within the established commercial landscape of Michigan.
  • Efficient layout suitable for owner-occupants or commercial investors.

What's Special

Situated at 106 N State Street in Shelby, Michigan, this 1,320 square foot retail storefront presents a functional space for business operations. The property is positioned in a convenient location, well-suited for a variety of small-scale retail uses or service-oriented enterprises looking for a presence in the local community. The area provides access to regional traffic, supporting consistent visibility for a local commercial venture. Given its storefront configuration and modest footprint, this asset is adaptable for boutique shops, professional services, or specialized commercial applications. Investors and owner-occupants alike may find the property's scale ideal for managing overhead while establishing a foothold in this established Michigan market. The surrounding infrastructure supports traditional business activity, making it a practical candidate for those seeking to expand or relocate within the region.

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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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