Decatur, MI Retail Space for Sale

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Dowagiac, MI Lawrence, MI Lawton, MI Paw Paw, MI Marcellus, MI Hartford, MI Cassopolis, MI Mattawan, MI

Updated: May 12

Mixed-Use Building with Billboard

107 E Delaware Street, Decatur, MI 49045

$650,000

6,680 sqft 0.54 AC lot

Mixed‑use building with 6,680 sq ft above grade and 3,340 sq ft full finished basement.
Main floor and basement are fully leased to Sun Provisions under an absolute net lease.
Three residential units located on the second floor.
Owned billboard in the downtown Decatur corridor.
Built in 1992 with vinyl siding, rubber roof, forced‑air heating, and central air.

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This listing looks promising.

Here's a quick look at some key insights for

107 E Delaware Street, Decatur, MI 49045

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$28K
Annual
Price @ 7% Cap

$405K
Suggested
Last Sold

Apr 2020
$390K
Property Type

Retail Stores
Built 1992

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Updated: May 14

Mixed-Use Property in Downtown Decatur

107 E Delaware St, Decatur, MI 49045

$650,000

6,680 sqft

Stable commercial income from long‑term tenant (Sun Provisions) with an absolute net lease.
Prime downtown Decatur location with excellent visibility and foot traffic.
Mixed‑use property with both commercial and residential income streams.
Includes three residential units on the second floor.
Large 6,680 sq ft building with a 3340 sq ft finished basement.

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Downtown Retail Building Near Lakes

105 N Phelps St, Decatur, MI 49045

Contact for pricing

4,000 sqft

Retail building in downtown Decatur with recreational-approved positioning near lake-driven tourism.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 3 Active listings in Decatur, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Commercial Building on Main

149 E Main Street, Marcellus, MI 49067

$219,000

1,660 sqft 0.07 AC lot

Clean, updated commercial building on heavily traveled main road.

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Restaurant Building with Drive-In Stalls

28102 M-152, Dowagiac, MI 49047

$125,000

2,064 sqft 2.02 AC lot

Includes a commercial kitchen, a dining/front area, and 16 covered drive-in stalls, plus an included vacant parcel.

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Downtown Corner Retail Building

105 W Main Street, Marcellus, MI 49067

$250,000

Corner commercial building with main level storefront space, a second-floor ballroom with separate entrance, and basement storage.

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Retail Office Building with Basement

113 S Front St, Dowagiac, MI 49047

Contact for pricing

3,500 sqft

Ground-floor retail/office space features newly installed electrical, plumbing, HVAC, doors, and windows, with a full basement.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Decatur, MI

Consider similar Off-Market properties in Decatur, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

STORE, RETAIL OUTLET

409 Delaware St, Decatur, MI 49045-8719

Value Estimation by Request

10,210 sqft 0.45 AC lot

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