313 Main Street

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313 Main Street

St. Joseph, MI 49085
Asking Price
$595K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront spanning 6,930 square feet of total interior space
  • Located at 313 Main Street in downtown St. Joseph Michigan
  • Offered for sale at an asking price of 595000 dollars
  • Situated in a prominent commercial district along the Lake Michigan shoreline
  • Property features a flexible layout for retail or business operations

What's Special

Retail operations benefit from this 6,930 square foot storefront situated at 313 Main Street in St. Joseph, Michigan. The property provides a functional layout suitable for a wide range of retail concepts or business service providers looking to establish a presence in this lakeside community. St. Joseph serves as a prominent destination along the Lake Michigan shoreline, supported by a consistent flow of tourism and a stable regional economy that drives local commerce throughout the year. The location is well-positioned to serve both local residents and seasonal visitors within the primary business district. Investors and business owners will find this asset represents a straightforward opportunity to acquire a substantial footprint in a high-visibility corridor. The structural configuration offers adaptability for various storefront needs, ensuring long-term utility for a prospective tenant or owner-occupant within this growing submarket.

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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176

Location & Travel Times