319 State Street

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319 State 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 319 State Street in St. Joseph
  • Facility features a total interior space of 1,500 square feet
  • Asset type categorized as a business only for sale
  • Property situated within an active Lake Michigan coastal community
  • Downtown location benefits from consistent regional and seasonal visitor traffic

What's Special

This business for sale occupies a 1,500 square foot space situated at 319 State Street in St. Joseph, Michigan. Positioned within the heart of a popular Lake Michigan coastal community, the site benefits from the seasonal tourism and year-round residential activity characteristic of this region. The layout accommodates various retail or service-oriented business models looking to establish a presence in a high-visibility downtown corridor. St. Joseph remains a prominent destination for visitors throughout Southwest Michigan, supporting steady foot traffic and local commerce. Prospective buyers have the opportunity to acquire an established footprint in an accessible municipal hub well-connected to regional transit routes. The configuration of the 1,500 square foot interior allows for flexible floor planning tailored to specific operational requirements. This offering serves as a practical entry point for investors or entrepreneurs seeking to leverage the existing infrastructure of an active 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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