195 Michigan Street, Benton Harbor, MI 49022 (MLS # 20012095)

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PRICE $250,000 dsIDX morgage calculator
SIZE 20,919 sqft
LOT SIZE 12,197 sqft

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".

DAYS ON MARKET 1,477 LAST UPDATED 12/29/2023
YEAR BUILT 1930 COMMUNITY Southwestern Michigan - S
COUNTY Berrien STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Apr 12, '23 $300,000
Apr 12, '23 - Dec 29, '23 $275,000
Dec 29, '23 - Today $250,000


ADDITIONAL DETAILS
AREA Southwestern Michigan - S
BASEMENT Full, Yes
BUYER'S BROKERAGE COMPENSATION 3.50
CONSTRUCTION Aluminum Siding, Brick
FIREPLACE Yes
LOT 0.28 acre(s)
LOT DIMENSIONS 79.9 x 150
SEWER Public Sewer
STORIES 2
TAXES 1561
UTILITIES Natural Gas Available, Phone Available, Phone Connected, Natural Gas Connected
WATER Public
ZONING 201/com/ind/imp
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by @properties Christie's International R.E., Donald A Kamp

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Updated 4/18/24 4:12 PM PDT

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