583 S State

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583 S State

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).

  • Located at 583 S State in Shelby Michigan
  • Retail storefront asset currently available for purchase
  • Strategically positioned within the Oceana County region
  • Suitable for various retail and commercial service businesses
  • Provides a functional layout for professional business operations

What's Special

The storefront at 583 S State in Shelby, Michigan, presents a retail asset positioned within a central area of the community. This property serves as a functional space suitable for various business operations, including boutique retail, professional services, or local commercial storefront use. Shelby benefits from its position within Oceana County, characterized by a steady regional economy and access to key local transit routes. Investors and business owners looking for a brick-and-mortar footprint will find this location appropriate for establishing a presence in a stable, established market. The site offers straightforward access for customers and accessibility to the broader local trade area. Its configuration as a retail storefront allows for flexible interior layouts to accommodate specific operational needs or service requirements. The property provides a platform for businesses aiming to maintain a physical presence in the Shelby region while benefiting from the surrounding local commerce environment.

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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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