124 S Front Street, Dowagiac, Michigan, 49047
5,280 Sqft
0.05 Acres
3 ba
#26046439
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!
PROPERTY FEATURES
- Business Type : Other, Professional/Office, Professional Service, Retail
- Utilities : Natural Gas Available, Phone Available, Electricity Available, Natural Gas Connected, Electricity Connected
- Water Source : Public
- Sewer : Public Sewer
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Brick, Block, Concrete
- Roof: Rubber
- Road Surface Type: Paved
- Basement on Property:
PROPERTY DETAILS
ID: 26046439
Status: Active
Price: $275,000
Acres: 0.05 Acres
Price Per Acre: $5,500,000
Type: Other
Address: 124 S Front Street
City, State: Dowagiac, Michigan
County: Cass
Zip Code: 49047
Lat/Long: 41.983249, -86.108654
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