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

Decatur, MI, 49045
$ 650,000
Bedrooms-- Baths5.0 Sq 6,680
107 E Delaware Street, Decatur, MI 49045 - Image 1
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107 E Delaware Street, Decatur, MI 49045 - Image 8
107 E Delaware Street, Decatur, MI 49045 - Image 9
107 E Delaware Street, Decatur, MI 49045 - Image 10
107 E Delaware Street, Decatur, MI 49045 - Image 11
107 E Delaware Street, Decatur, MI 49045 - Image 12
107 E Delaware Street, Decatur, MI 49045 - Image 13
107 E Delaware Street, Decatur, MI 49045 - Image 14
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107 E Delaware Street, Decatur, MI 49045 - Image 16
107 E Delaware Street, Decatur, MI 49045 - Image 17

Property for Rent in Decatur, MI

for $650,000 with 5 full baths. This 6,680 square foot property was built in 1992 on a lot size of 0.54.

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.

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Rental Active

Price

$ 650,000

Full Bath

5

Taxes

$ 4,000

Style

BusinessandRealEstate

Lot Size

0.54

Year Built

1992

Town/City

Decatur

County/Region

Van Buren

MLS | Web ID

65026021523
Features
General
Sewer PublicSewer StormDrain
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected
Possession CloseOfEscrow
Roof Rubber
Security Features BuildingSecurity ClosedCircuitCameras SecuritySystem
Construction Materials Frame VinylSiding WoodSiding
Year Built 1992
Tenant Pays CommonAreaMaintenance Electricity Gas Insurance JanitorialService Management Sewer Taxes TrashCollection Water
Property Subtype BusinessandRealEstate
Tax Year 2025
Ownership LLC
Business Type Retail
County VanBuren
Net Operating Income 7350.0
Insurance Expense 2500.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
MaintenanceExpense 3500.0
Garage Y/N N
Building Features OutsideStorage Furniture
Status Active
Directions Near Delaware and Phelps
City DecaturTownship_VanBuren
Disclosures DocumentsRequireConfidentialityAgreement InventoryIncluded
Senior Community Y/N N
High School District Decatur
Zoning Description Other
Number Of Units Total 4
MLS Area Area80171DecaturTwp
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4000.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Building Area Units SquareFeet
Lease Type NNN
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
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 5
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Exterior
Parking Features Asphalt
Water Source Public
Total Parking 40.0
Lot Size Area 23522.0
Foundation Details Basement ConcretePerimeter
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
Other Equipment Other
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 107
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* Excluded Features
List By
Brice Bossardet

Listing Agent

Exp Realty Llc

Broker

(616) 437-1147

Phone

Nearby
4654010 Elementary School
4654012 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/12/2026$650,000 Listed Price

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107 E Delaware Street, Decatur, MI, 49045 is a Property for Rent at $650,000 with 6,680 sqft and 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

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