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Listing provided courtesy of EXP Realty LLC- MLS# 26021523MLS Provider

107 E Delaware StreetDecatur, MI 49045

Commercial · 5 Full Baths · 6,680 Sq. ft. | 0.54 Acres
$650,000 Active

107 E Delaware Street Overview

Time on Site:
49 days
Visits:
1

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.

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107 E Delaware Street Facts & Features

  • Type Commercial
  • Sq. ft. 6,680
  • Price/Sq.ft. $97
  • Lot 0.54 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1992

Location/Region

  • County Or Parish: Van Buren

Rent/Lease Information

  • Tenant Pays: Prop Taxes/Assess,Building Insurance,Common Area Maintenance,Electric,Gas,Janitorial,Management Fee,Sewer,Trash,Water

Tax Information

  • Tax Annual Amount: 4000.0

General Information

  • Parcel Number: 80-43-040-294-11
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5

Building Interior

  • Building Area Total: 6680.0

General Information

  • Building Features: Multi User Facility,Outdoor Storage,Security System
  • Foundation Details: Concrete Perimeter
  • Stories Total: 3

Exterior

Lot Information

  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 23522.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Rubber

General Information

  • Number Of Units Total: 4
  • Utilities: Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer

107 E Delaware Street Neighborhood

Community

49045 (Decatur) Demographics

48
Median Age
62
Population Density (per sq. mile)
25%
College Educated
$48,318
Estimated Median Income
1,927
Estimated Total Home Owners
486
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

107 E Delaware Street Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

107 E Delaware Street Market Data

Based on the last 30 days in this zip code

$324,907
Average List Price
$183
Average Price per Square Foot
2
Properties Sold
55
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network