107 E Delaware Street Decatur, MI $ 650,000
107 E Delaware Street
$ 650,000
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107 E Delaware Street

Decatur, MI, 49045
$ 650,000
Bedrooms-- Baths5.0

Monthly Estimate*

$ 4,002

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Commercial Property for sale in Decatur, MI

for $650,000 with 5 full baths. This building was built in 1992 on a lot size of 0.54.

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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Commercial Active

Price

$ 650,000

Full Bath

5

Property Type

Commercial

Taxes

$ 4,000

Style

Retail

Lot Size

0.54

Year Built

1992

Town/City

Decatur

County/Region

Van Buren

MLS | Web ID

26021523

Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Rubber
Construction Materials Vinyl Siding
Year Built 1992
Tenant Pays Prop Taxes/Assess Building Insurance Common Area Maintenance Electric Gas Janitorial Management Fee Sewer Trash Water
Township Decatur Twp
Property Subtype Retail
Tax Year 2025
Ownership Private Owned
Business Type Retail
County Van Buren
Net Operating Income 7350.0
Insurance Expense 2500.0
New Construction N
Property Type Commercial Sale
MaintenanceExpense 3500.0
Building Features Multi User Facility Outdoor Storage Security System
Full Baths 5
Status Active
Directions Near Delaware and Phelps
City Decatur
High School District Decatur
Zoning Description Commercial
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 23522.0
Listing Terms Conventional Contract Cash
Land Lease Y/N N
Tax Annual Amount 4000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Availability Date 2026-05-13
Standard Status Active
Tax Assessed Value 113719
Ownership Type LLC
Legal Description 709-A 20-4-14 811-532 1508-794 1509-523 1680-174 1697-450 1697-613 *** LOTS 17 & 18. ALSO BEG AT NW COR OF LOT 19 TH NE
Senior Community None
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Exterior
Total Parking 40.0
Inclusions Real Estate Inventory Furniture Equipment
Lot Size Area 0.54
Foundation Details Concrete Perimeter
Number of Buildings 1
Spa N
Building Area Total 6680.0
Lot Dimensions Irregular
Lot Size Acres 0.54
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 5
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Internal Only
Street Number 1 107
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* Excluded Features
List By
Exp Realty Llc

Broker

brice@bricebossardet.com

Email

Affordability Calculator

$4,335
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
251418 Elementary School
250122 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$650,000 Listed Price

Map


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107 E Delaware Street, Decatur, MI, 49045 is a Commercial Property for sale at $650,000 with a lot size of 0.54. 107 E Delaware Street has 5.0 baths and was built in 1992. The property's zip code is 49045 which is in Decatur, MI