195 Michigan Street Active Save Request In-Person Tour Request Virtual Tour
Benton Harbor,MI 49022
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 20,919 sqft
Price per Sqft $9
MLS Listing ID 69020012095
Year Built 1930
Annual Tax Amount $1,650
Lot Size 0.280 Acres
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 infoThe 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".
Location
State MI
County Berrien
Area Benton Harbor
Zoning Commercial
Interior
Heating Hot Water,Steam
Exterior
Utilities Available Elevator
Waterfront no
Roof Type Rubber
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Aluminum,Block/Concrete/Masonry,Brick
Schools
School District Benton Harbor
Others
Acceptable Financing Cash,Conventional,Lease
Listing Terms Cash,Conventional,Lease
Special Listing Condition Unknown/Data Share Listings