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$99,000 -$26,000 (-20.8%) Price Reduced
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Property Description
Fantastic opportunity to own a versatile commercial/residential property on nearly 2 acres! The first building is just under 2,500 sqft and offers a storefront with great visibility plus a 2-bedroom, 1-bath apartment, perfect for rental income or live/work convenience. The second building is a solid block structure (60x35) featuring a 10' overhead door, ideal for storage, workshop, or business operations. With flexible zoning and plenty of space to expand, this property is well-suited for entrepreneurs, investors, or those seeking a mixed-use setup. Prime potential with room to grow!
Full Property Details
Full Property Details for 54474 M 51 N
General
- Price: $99,000
- Taxes: $1,135
- Status: Active
- Type: Business
- Source: SWMRIC_MLS
- MLS ID: 25043710
- Updated: 8/3/2026
- Added to Site: 222 day(s) ago
Business
- Business Type: Other, Auto Service, Professional Service, Distributi
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Location
- Area: Southwestern Michigan - S
- County: Cass
- Cross Streets: Burmax Park and Swamp St
- Driving Directions: From Dowagiac, North on M 51 to property on the west side of the road.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected
Structural Information
- # Buildings: 2
- Roof: Composition, Metal
- Stories/Levels: 1
- Square Feet: 4,236
- Year Built: 1900
Lot Features
- Lot Size (Acres): 1.94
- Lot Size (Sq. Ft.): 84,506
- Lot Dimensions: 205 x 412
Financial Considerations
- Tax Amount: $1,135
- Terms: Cash
Disclosures and Reports
- Legal Description: Long legal see taxes
- Property ID: 14-130-025-012-00
Listed by Cressy & Everett Real Estate, Browning Chabot
Get Pre-Approved Today
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Schools
Schools serving 54474 M 51 N
School District:Dowagiac Union Schools
| Name | Grades | Distance |
|---|---|---|
Kincheloe Elementary School 25121 Gage Street, Dowagiac, MI 49047 | K-5 | 3 mi |
Dowagiac Middle School 57072 Riverside Drive, Dowagiac, MI 49047 | 6-8 | 2.6 mi |
Union High School, Dowagiac, MI 701 West Prairie Ronde Street, Dowagiac, MI 49047 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54474 M 51 N
Date
Details
Price
Change
Source
8/03/2026
Price Reduced
$99,000
-20.8%
MLS
8/27/2025
Listed
$125,000
212.5%
MLS
9/06/2017
Sold
$40,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 54474 M 51 N
Year
Property Taxes
Change
Tax Assessment
Change
2025
$284
-74%
$47,200
32%
2023
$1,101
6%
$35,800
17%
2022
$1,038
4%
$30,700
12%
2020
$1,001
—
$27,300
2%
2020
$1,001
—
$26,800
19%
2019
$1,000
—
$22,500
—
2019
$1,000
224%
$22,400
-22%
2018
$309
39%
$28,800
1%
2017
$223
1%
$28,400
17%
2016
$221
—
$24,300
—
Disclaimer: Historical tax 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 54474 M 51 N
54474 M 51 N, Dowagiac, MI 49047 (MLS# 25043710) is a Business property. 54474 M 51 N is currently listed for $99,000 and was received on December 27, 2025. Want to learn more about 54474 M 51 N? Do you have questions about finding other Business real estate for sale in Dowagiac? You can browse all Dowagiac real estate or contact a Coldwell Banker agent to request more information.

