500 Main Street

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500 Main Street

St. Joseph, MI 49085
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office space spanning 4,300 square feet.
  • Located at 500 Main Street in St. Joseph, Michigan.
  • Property situated in a key professional commercial hub.
  • Well-suited for financial, legal, or administrative office operations.
  • Accessible location within a stable Great Lakes community.

What's Special

This traditional office property provides 4,300 square feet of space at 500 Main Street in St. Joseph, Michigan. Situated within the heart of this Lake Michigan community, the asset benefits from its accessibility to local amenities and professional services. St. Joseph serves as a prominent regional hub, characterized by a stable economy and steady demand for commercial real estate in the downtown core. The layout supports a variety of professional configurations, making it a viable candidate for law firms, financial advisory groups, or creative agencies seeking a dedicated headquarters in the region. Its placement in a highly visible area contributes to the overall functionality for business owners or investors targeting the local professional sector. The building provides a clear opportunity for businesses to establish a permanent presence within this established 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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