556 N State

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556 N State

Shelby, MI 49455
Asking Price
$270K
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose asset available in Shelby Michigan
  • Total building size measures 900 square feet
  • Current asking price is 269900 dollars
  • Property is situated at 556 N State
  • Located conveniently within the Oceana County region

What's Special

Shelby serves as a strategic location within Oceana County, providing a functional setting for businesses operating in this growing part of Michigan. The special-purpose asset at 556 N State encompasses 900 square feet of space. This property presents a practical configuration for professional services, boutique retail, or specialized administrative functions requiring a standalone presence in the area. Investors and business owners will find this facility well-positioned to serve the local community. The compact layout allows for efficient management and lower overhead costs, making it a viable option for a variety of niche commercial applications. Prospective buyers should evaluate the site for its ability to accommodate specific operational needs in a quiet, accessible submarket.

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NOI
$80,000
Cap Rate
29.64%
DSCR
4.99
Strong
Cash-on-Cash
79.01%
Monthly Payment
$1,335.318
Annual Cash Flow
$63,976.185

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