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$200,000
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Property Description
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 $9.56 per SF. 2024 State Equalized Value is $322,400. 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".
Full Property Details
Full Property Details for 195 Michigan St
General
- Price: $200,000
- Taxes: $1,650
- Status: Active
- Type: Industrial
- Source: SWMRIC_MLS
- MLS ID: 20012095
- Updated: 10/14/2024
- Added to Site: 585 day(s) ago
Business
- Business Type: Storage, Manufacturing
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Location
- Area: Southwestern Michigan - S
- County: Berrien
- Cross Streets: Pipestone
- Driving Directions: Main to Colfax to Michigan
Heating & Cooling
- Heating Type: Steam, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Phone Available, Natural Gas Available, Phone Connected, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Brick
- Roof: Rubber
- Stories/Levels: 2
- Square Feet: 20,919
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 11,985
- Lot Dimensions: 79.9 x 150
- Frontage: Paved
- Zoning: 201/com/ind/imp
Financial Considerations
- Tax Amount: $1,650
- Terms: Conventional, Cash
Disclosures and Reports
- Ownership: LLC
- Legal Description: Per Deed
- Property ID: 115105000012025
Listed by @properties Christie's International R.E., Donald A Kamp
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Schools
Schools serving 195 Michigan St
School District:Benton Harbor Area Schools
Rating | Name | Grades | Distance |
---|---|---|---|
870 Colfax Ave, Benton Harbor, MI 49022 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 195 Michigan St
Date
Details
Price
Change
Source
6/17/2024
Price Reduced
$200,000
-20%
MLS
12/29/2023
Price Reduced
$250,000
-9.09%
MLS
4/12/2023
Price Reduced
$275,000
-8.33%
MLS
4/03/2020
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 195 Michigan St
195 Michigan Street, Benton Harbor, MI 49022 (MLS# 20012095) is a Industrial property. 195 Michigan Street is currently listed for $200,000 and was received on March 30, 2023. Want to learn more about 195 Michigan Street? Do you have questions about finding other Industrial real estate for sale in Benton Harbor? You can browse all Benton Harbor real estate or contact a Coldwell Banker agent to request more information.