414 State Street

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414 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 414 State Street in St. Joseph, Michigan.
  • Property features 2,904 square feet of retail space.
  • Configured for flexible use as a commercial storefront.
  • Positioned within a busy and accessible downtown retail district.
  • Well-suited for business owners targeting local lakefront traffic.

What's Special

Establish a retail storefront at 414 State Street in St. Joseph, Michigan. This 2,904 square foot space sits within a established commercial corridor, providing direct access to the local customer base. The layout is suitable for various retail ventures looking to capitalize on high-visibility street frontage in this lakeside community. St. Joseph remains a prominent destination along Lake Michigan, benefiting from seasonal tourism and a steady year-round local population. The property is well-positioned for business owners seeking a functional storefront within the downtown district, where pedestrian traffic and local commerce define the economic landscape. Proximity to major regional thoroughfares and existing professional services makes this location a practical choice for investors or entrepreneurs interested in the regional retail market. Whether operating a boutique, gallery, or traditional storefront, this asset offers the necessary square footage to accommodate diverse business models in an active Michigan 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

Location & Travel Times