42 2nd Street

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42 2nd Street

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 located at 42 2nd Street in Oceana County.
  • Asset is well-suited for diverse local retail business operations.
  • Downtown location offers access to community-based customer foot traffic.
  • Functional layout supports various small business commercial use cases.

What's Special

Shelby, Michigan, serves as a steady commercial hub within Oceana County, characterized by a local economy rooted in agriculture and small-town commerce. Positioned at 42 2nd Street, this retail storefront offers a footprint suitable for local businesses looking to establish a presence in a classic downtown setting. The property layout facilitates various retail applications, from boutique shops to service-oriented businesses that benefit from direct street access. Investors and business owners often find value in such downtown storefronts due to the proximity to community foot traffic and the straightforward accessibility of the municipal layout. This site provides a functional space for those seeking to capitalize on the local customer base in a resilient Midwestern setting. The structure adapts well to traditional retail operations requiring modest square footage, ensuring that owners can customize the interior to meet specific commercial requirements while maintaining a traditional storefront aesthetic.

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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

Location & Travel Times