615 617 Elm Street

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615 617 Elm 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).

  • This retail storefront property comprises a total of 2,880 square feet.
  • The building is situated at 615-617 Elm Street in St. Joseph.
  • St. Joseph is a significant commercial hub along the Michigan shoreline.
  • The storefront layout is designed for flexible retail or service use.
  • The location captures both consistent local residents and seasonal tourist activity.

What's Special

The 2,880-square-foot retail storefront located at 615-617 Elm Street provides a central footprint in the St. Joseph community. Positioned within a key regional submarket in Michigan, this asset benefits from the area's consistent local commerce and proximity to the shoreline, which drives seasonal tourism and steady foot traffic. The building design supports versatile operations, making it suitable for a variety of storefront business models, including boutique retail, professional service offices, or specialized commercial showrooms. Investors and business owners will find that the property structure allows for efficient utilization of the interior square footage to meet modern operational standards. St. Joseph remains a prominent economic node in the region, characterized by a mix of established retail corridors and a supportive environment for small to medium-sized enterprises. This retail space represents a functional acquisition for those looking to establish or expand a business presence within this active lakeside market.

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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