216 Court Street

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216 Court Street

St. Joseph, MI 49085
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

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

  • Business for sale located at 216 Court Street in St. Joseph.
  • Total interior space measures 8,440 square feet for operational use.
  • The transaction includes the business interest within the property.
  • Positioned in the commercial district of the lakeside Michigan city.
  • Features a versatile layout suitable for diverse commercial business models.

What's Special

This business for sale encompasses an 8,440 square foot space situated at 216 Court Street in St. Joseph, Michigan. The asset is available as a business-only transaction, providing an established operational footprint within this lakeside community. St. Joseph serves as a prominent commercial hub along the shores of Lake Michigan, benefiting from seasonal tourism and a steady year-round local population base that supports diverse service and retail models. The property dimensions offer sufficient volume to accommodate various business configurations, making it a functional candidate for an owner-operator or an investor seeking to expand their presence in the region. Its placement within the downtown area ensures visibility and accessibility for both residents and visitors navigating the local market. Prospective buyers will find a versatile layout suitable for multiple commercial applications, ranging from retail storefronts to service-oriented enterprises. The regional economic environment remains anchored by its proximity to major transit routes and a well-established infrastructure, providing consistent demand for local business operations.

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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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