107 E Delaware Street, Decatur, MI 49045
Van Buren County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1992
Stories
3
Living Area
6,680 sq ft
Lot Size
0.54 acres
Lot Dimensions
Irregular
Parking Spaces
40
Ownership
Private Owned
MLS® Listing#
26021523
Property Features
Cooling
Heating
Parking
Construction
Foundation
Roof
Security
Other Structures
Utilities
Sewer
Water Source
Schools
- District:
- Decatur
Financial Details
Annual Taxes
$4,000
Tax year 2025
Assessed Value
$113,719
Parcel Number
80-43-040-294-11
Directions
Near Delaware and Phelps
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Decatur, MI
- $250,000
- Median Listing Price
- 61
- Median Days on Market
- 1,920
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 23
- Active Listings
- This home’s price is 160% above the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Decatur, MI.
Location
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Points of Interest in Decatur, MI
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| VL CR 352, Decatur, MI | $499,000 | — | — | — |
| TBD Greenbriar Terrace, Decatur, MI | $499,000 | — | — | — |
| 46896 Meadow Lane, Decatur, MI | $535,000 | 3 | 2 | 1,596 |
| 60779 W Oak Drive, Decatur, MI | $575,000 | 4 | 2 | 1,613 |
| 86500 60th Street, Decatur, MI | $649,900 | 4 | 3 | 2,400 |
| 107 E Delaware Street, Decatur Township, MI | $650,000 | — | 5 | 6,680 |
Moving Cost Estimate
EXIT Agents in Decatur
Listing Courtesy: EXP Realty LLC - 2696004397
Presented by: Brice Bossardet