306 State Street 2

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306 State Street 2

St. Joseph, MI 49085
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 spanning 1,412 square feet of interior space
  • Located at 306 State Street in downtown St. Joseph
  • Versatile layout suitable for various boutique or service businesses
  • Positioned within a busy coastal Michigan retail corridor
  • Available for purchase by investors or owner-occupants

What's Special

This 1,412 square foot retail storefront occupies a prominent position on State Street in St. Joseph, Michigan. Situated within the heart of this Lake Michigan coastal community, the property benefits from the steady tourism and local foot traffic common in downtown St. Joseph. The layout provides a functional space suitable for boutique retail operations, specialty service providers, or professional studio usage. St. Joseph remains a key destination in Southwest Michigan, characterized by a vibrant historic district and a resilient local economy driven by its proximity to the lakeshore. Investors and business owners looking for a manageable commercial footprint will find this location offers significant visibility within the primary business corridor. The existing infrastructure supports a variety of merchandising configurations, allowing for a versatile transition into new operations. This storefront presents a practical acquisition for parties interested in establishing a presence in a stable, established commercial submarket that draws visitors throughout the calendar year.

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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