107 E Delaware Street, Decatur, MI 49045

$650,000
5
BA

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List Price
$650,000
Days on Market
79
MLS#
26021523
Status
ACTIVE
Type
Commercial
Bathrooms
5
Full-baths
5

Property Description

This well-located mixed-use property in the heart of 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.

Additional Information

Taxes
$4,000
Acres
0.54
Heating
Forced Air
Roofing
Rubber
School District
Decatur
Tenant Pays
Insurance, Electricity, Janitorial Service, Prop Taxes/Assess, Trash Collection, Common Area Maintenance, Gas, Management, Sewer, Water
Total Parking Spaces
40
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Storm Sewer
Water
Public Water

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Brice Bossardet from Listing Office: EXP Realty LLC.

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