175 N Michigan Avenue

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175 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).

  • The retail asset encompasses 2,625 square feet of interior space.
  • Property is located at 175 N Michigan Avenue in Shelby.
  • This storefront offers a versatile layout for diverse retail operations.
  • Shelby serves as an active commercial hub within Oceana County.
  • The site is currently available for purchase by interested investors.

What's Special

This 2,625 square foot storefront property is situated at 175 N Michigan Avenue in Shelby, Michigan. The asset provides a flexible retail footprint suitable for a variety of businesses seeking a central commercial presence within the local market. Shelby serves as a key community in Oceana County, where commerce is driven by a mix of agriculture, light industry, and service-based businesses that cater to the surrounding region. The layout of this retail space allows for diverse configurations, making it an appropriate choice for boutique retail, service providers, or specialty shops aiming to serve both local residents and visitors to the area. Investors and business owners will find this location provides straightforward access to regional thoroughfares, supporting consistent visibility and operational reach. Its position within the retail corridor positions it well for occupiers looking to establish or expand their footprint in a well-connected Michigan municipality.

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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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