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Erica Welch

streetrockmgmt@gmail.com +1(313) 306-9035

$275,000

Est. payment - /mo

3 Baths

5,280 SqFt

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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 5,280 sqft

Price per Sqft $52

MLS Listing ID 69026046439

Year Built 1900

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type BusinessandRealEstate

Property Description

Downtown Dowagiac Investment & Business Opportunity! Located in the heart of Downtown Dowagiac within the Central Business District, this versatile building offers three separate units: 1 commercial space on the main level and 2 apartments upstairs. The residential units include a vacant 1-bed/1-bath apartment and an occupied 2-bed/1-bath apartment. With separate utilities, each tenant is responsible for their own water, sewer, electric, and gas expenses, making ownership and management straightforward. The main-level commercial space is currently occupied by an established business that is not for sale and will continue operating. The existing tenant has a lease in place with the current owner through March '28, which will transfer to and be honored by the new owner. The vacant 1-bed/1-bath apartment offers flexibility for an owner-occupant to live upstairs while operating or managing their business below, while the occupied 2-bed 1-bath apartment provides additional rental income.Whether you're looking to establish a business downtown, add an income-producing property to your portfolio, or take advantage of the opportunity to live where you work, this property offers the possibility of all 3!

Location

State MI

County Cass

Area Area14012Dowagiac

Rooms

Basement Common Storage Locker, Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Rubber

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Dowagiac Union

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Amanda Hassle of @properties Christie's International R.E.

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Erica Welch

+1(313) 306-9035

Assistant Property Manager License ID: 384385

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124 S Front ST Dowagiac City, MI 49047

Erica Welch

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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