198 N Michigan Avenue

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198 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.
  • Property is situated at 198 N Michigan Avenue.
  • Versatile layout suitable for various retail or service businesses.
  • Located in a steady regional hub with community access.
  • Provides a strategic commercial presence in the local market.

What's Special

This storefront property at 198 N Michigan Avenue provides a functional retail space in the heart of Shelby, Michigan. The asset is well-suited for boutique retail operations, service-based businesses, or professional offices looking to establish a presence within the local community. Shelby serves as a steady hub in the region, benefiting from consistent local traffic and a community-oriented environment that supports small business growth. The floor plan allows for a variety of layout configurations to accommodate specific operational needs or merchandise displays. Investors and business owners alike will recognize the strategic potential of this Michigan address. Its central placement offers visibility and accessibility to residents and visitors navigating through the town. Whether expanding an existing brand or launching a new venture, this property provides the essential infrastructure required to operate in this growing suburban market. The building offers straightforward utility for diverse commercial requirements while maintaining a clear identity along the primary thoroughfare.

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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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