2402 10th Street

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2402 10th Street

Shelbyville, MI 49344
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 located at 2402 10th Street in Shelbyville
  • The building features 2,040 square feet of total floor space
  • Suitable for various retail or professional service office uses
  • Positioned within a growing commercial and residential suburban submarket
  • Property is currently available for purchase by interested investors

What's Special

Shelbyville serves as a growing commercial hub within Michigan, offering accessibility to regional transit routes and a steady local consumer base. This 2,040 square foot storefront property at 2402 10th Street presents a functional retail space suited for business owners seeking a presence in a stable suburban market. The asset type allows for diverse commercial applications ranging from boutique retail operations to professional service offices that benefit from street-level visibility. Businesses occupying this site can leverage the established neighborhood character, providing convenience to the surrounding residential community while maintaining connectivity to broader metropolitan economic corridors. The building footprint offers efficient internal configurations for various retail layouts, supporting flexible operations for potential buyers looking to establish or expand their footprint in the area.

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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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