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$650,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 107 E Delaware St
General
- Price: $650,000
- Taxes: $4,000
- Status: Active
- Type: Retail
- Source: SWMRIC_MLS
- MLS ID: 26021523
- Updated: 5/12/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Retail
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Parking
- Total Spaces: 40
Location
- County: Van Buren
- Cross Streets: Delaware and S Phelps Rd
- Driving Directions: Near Delaware and Phelps
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Utility Description: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 3
- Square Feet: 6,680
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.54
- Lot Size (Sq. Ft.): 23,522
- Lot Dimensions: Irregular
- Frontage: Paved
- Zoning: Commercial
Financial Considerations
- Tax Amount: $4,000
- Terms: Conventional, Contract, Cash
- Tenant Pays: Property Taxes/Assessments, Building Insurance, Common Area Maintenance, Electricity, Gas, Janitorial, Management Fee, Sewer, Trash, Water
Disclosures and Reports
- Ownership: 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
- Property ID: 80-43-040-294-11
Listed by EXP Realty LLC, Brice Bossardet
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Schools
Schools serving 107 E Delaware St
School District:Decatur Public Schools
| Name | Grades | Distance |
|---|---|---|
Davis Elementary School 409 North Phelps Street, Decatur, MI 49045 | K-5 | 0.4 mi |
Decatur High School 110 Cedar Street, Decatur, MI 49045 | 6-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 E Delaware St
Date
Details
Price
Change
Source
5/12/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 E Delaware St
Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
100%
2020
$8
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 E Delaware St
107 E Delaware Street, Decatur, MI 49045 (MLS# 26021523) is a Retail property. 107 E Delaware Street is currently listed for $650,000 and was received on May 12, 2026. Want to learn more about 107 E Delaware Street? Do you have questions about finding other Retail real estate for sale in Decatur? You can browse all Decatur real estate or contact a Coldwell Banker agent to request more information.

