211 N Michigan

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211 N Michigan

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 spanning 4,087 square feet available for purchase
  • Located at 211 N Michigan in the city of Shelby
  • Positioned within the central commercial district of the municipality
  • Versatile floor plan suitable for various retail or service businesses
  • Located in the stable and growing market of Oceana County

What's Special

This 4,087 square foot retail storefront located at 211 N Michigan in Shelby, Michigan, presents a functional space for various commercial ventures. Situated within the heart of Shelby, the property benefits from a central position that serves the local community and surrounding residents of Oceana County. This area is characterized by its stable small-town economy and steady regional traffic patterns, making it a viable location for businesses seeking visibility along a primary corridor. The versatile layout of this asset supports a wide range of potential applications including boutique retail, professional services, or local service-based businesses. With its straightforward design and accessible placement, the building provides a practical foundation for owners or investors looking to establish a presence in this specific market. The storefront architecture allows for clear signage and customer engagement, factors that contribute to consistent operations for occupants within this segment of the Michigan market.

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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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