Active

195 Michigan Street

Benton Harbor MI, 49022

$250,000


$11.95 per sqft

Active

4 Baths

20,919 sqft

Commercial

Built in 1930

Courtesy of Donald A Kamp, @properties Christie's International R.E.

21,000 SF commercial building being sold in ''AS IS'' condition, with poured concrete walls, 10,497 SF basement, and three stairwells. A freight elevator services all three levels, second shaft also for a passenger elevator never installed. Three phase with 240-440 electrical system, brick exterior, rubber roof with aluminum panels on the front of the building. Heating system is natural gas, hot water steam and no air conditioning. Main level consists of nine offices, two entries, conference room, scheduling room, computer room, six bathrooms and a large preparation area. The second level is divided into a large preparation area, two storage areas, production room, two smaller prep areas and four bathrooms. Seller may consider favorable lease terms. See MORE for additional info The property is .275 of an acre with 127.2 feet of frontage on Michigan Street and also 150 feet on Oak Street. Street parking only. Presently used for manufacturing/printing. Priced to sell at $14.54 per SF. 2023 State Equalized Value is $290,200.
Building location may allow commercial marihuana facilities per City Ordinance and State Law. Buyer is responsible for obtaining all necessary applications and permits from the City and State. Seller may consider long term lease. Property is eligible for Brownfield TIF funding, and may be eligible for incentives through the Michigan Economic Development Corporation through their Community Revitalization Program. Ceiling heights are as follows: Main Floor - 13'7", Upper Floor - 10'9", Basement - 9'6".

20012095

MLS ID

April 3, 2020

Listed

May 9, 2024

Updated

Map

195 Michigan Street
Benton Harbor MI, 49022

Interior Features

Total Stories

2


Total Bathrooms

4


Fireplace

Yes


Cooling

No


Heating

Yes

Exterior/Building Features

Lot Size

0.28 Acres


Roof

Rubber, Concrete


Sewer

Public Sewer

School Information

School District

Benton Harbor

Other Property Details

Area Name

Southwestern Michigan - S


Taxes

$1,561


Tax Frequency

Annually


Days on Market

1396


Garage

No


View

No


County

Berrien


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/29/2023

Price Change

$250,000

-10%

Courtesy of @properties Christie's International R.E.

The IDX display contains information sourced from the MichRIC® as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 5/9/2024

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