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$ 275,000
Est. payment /mo
New
124 S Front ST Dowagiac City, MI 49047
3 Baths
5,280 SqFt
UPDATED:
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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