179 N Michigan Avenue

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179 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 available for purchase in Shelby, Michigan
  • Total building footprint measures 4,512 square feet
  • Asset is situated on North Michigan Avenue
  • Located within the established Oceana County market
  • Property suits a variety of retail business operations

What's Special

This retail storefront property is available for sale, presenting a functional space for an investor or business owner looking to establish a presence in Shelby, Michigan. Spanning 4,512 square feet, the building accommodates diverse retail use cases within a manageable footprint. Shelby serves as an established community within Oceana County, characterized by a steady local economy that supports neighborhood-focused businesses and services. Investors may find this asset suitable for a long-term hold or potential repositioning to align with the specific needs of local tenants. Its placement along North Michigan Avenue provides accessibility for patrons navigating the area. The site offers a practical footprint for retailers seeking a dedicated storefront in a central regional corridor. Buyers interested in expanding their portfolio in the region will find this property serves as a viable commercial option for a variety of retail business models.

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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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