UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,680 sqft
Price per Sqft $97
Municipality Decatur Twp
MLS Listing ID 26021523
Full Baths 5
Year Built 1992
Annual Tax Amount $4,000
Tax Year 2025
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions Irregular
Property Sub-Type Retail
Source Michigan Regional Information Center (MichRIC)
Property Description
downtown Decatur offers a rare combination of stable commercial and residential income. The entire building above grade is 6,680 sq ft with a 3340 Sq Ft full finished basement. The main floor and basement
is fully leased to Sun Provisions, a long-term tenant operating under an absolute net lease, providing
predictable, hands-off income for the owner. The commercial space anchors the building and offers excellent visibility and foot traffic and prime owned billboard in the downtown corridor along with three residential units on the second floor.
Location
State MI
County Van Buren
Direction Near Delaware and Phelps
Interior
Heating Forced Air
Cooling Central Air
Inclusions Real Estate, Inventory, Furniture, Equipment
Exterior
Utilities Available Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
View Y/N No
Roof Type Rubber
Street Surface Paved
Total Parking Spaces 40
Building
Building Description Vinyl Siding, Multi User Facility,Outdoor Storage,Security System
Foundation Concrete Perimeter
Structure Type Vinyl Siding
New Construction No
Schools
School District Decatur
Others
Tax ID 80-43-040-294-11
Ownership LLC
Acceptable Financing Conventional, Contract, Cash
Listing Terms Conventional, Contract, Cash
Nearby Locations