315-319 State Street

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315-319 State Street

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).

  • Located at 315-319 State Street in downtown St. Joseph
  • Retail storefront spanning 14,127 square feet of interior space
  • Property is currently available for purchase by interested parties
  • Situated in a key commercial district with consistent local activity
  • Well-suited for traditional retail use or potential redevelopment projects

What's Special

This 14,127-square-foot retail storefront at 315-319 State Street in St. Joseph, Michigan, is available for purchase. The property suits investors or business operators seeking a footprint in a prominent downtown district. Positioned in a key commercial corridor, this asset benefits from the steady economic activity characteristic of this lakeside community. The location provides visibility and accessibility for local commerce, making it well-suited for traditional retail, service-oriented ventures, or potential redevelopment projects that align with the surrounding municipal environment. The layout supports various configurations to accommodate business needs in a market known for its tourism and year-round residential activity. St. Joseph remains a central hub within the region, drawing consistent foot traffic throughout the year. The property sits within reach of major transportation routes, facilitating logistics and access for customers or employees. With its substantial square footage, the building provides the flexibility required for adaptive reuse or continued retail operations in a established Midwestern commercial submarket.

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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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