This well-located mixed-use property in the heart ofdowntown 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 basementis fully leased to Sun Provisions, a long-term tenant operating under an absolute net lease, providingpredictable, 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.
Formally the Decatur True Value Hardware & Lumber Company, this 1.2 acre property provides unlimited potential for the next entrepreneur. Nicely finished 60' x 92' building with 3 offices spaces, 1 space that was formally a kitchen and a bathroom. Includes attached pole building, outdoor storage areas and an 80' by 40' pole building with 13' ceilings. Call today to set up a private showing.
Decatur is located in Michigan. Decatur, Michigan has a population of 2,042. Decatur is more family-centric than the surrounding county with 37.01% of the households containing married families with children. The county average for households married with children is 28.9%.
The median household income in Decatur, Michigan is $49,153. The median household income for the surrounding county is $61,549 compared to the national median of $69,021. The median age of people living in Decatur is 37 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 39.4 inches per year, with 81 inches of snow per year.
