162 N Michigan Avenue

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162 N Michigan Avenue

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 encompassing 7,900 square feet
  • Centrally positioned at 162 N Michigan Avenue in Shelby
  • Asset is currently available for purchase in Michigan
  • Strategic location within the primary Shelby business district
  • Flexible interior layout suitable for various retail uses

What's Special

This retail storefront spans 7,900 square feet and sits at 162 N Michigan Avenue in Shelby, Michigan. The property provides a functional space suitable for various retail operations, ranging from local boutiques to service-oriented businesses looking to establish a presence within the downtown core. Shelby serves as a localized commercial hub within Oceana County, characterized by a steady regional economy and a supportive environment for small-to-medium enterprises. The layout accommodates diverse floor plans, allowing investors or business owners to adapt the interior to meet specific merchandising or customer service requirements. Its position along a primary street frontage offers visibility for potential foot traffic in a central business district setting. This commercial asset represents a practical acquisition for parties seeking to secure a foothold in a stable, established community market. The versatility of the square footage supports flexible configurations for retail inventory, showroom space, or administrative functions necessary for ongoing business operations.

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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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