Address
231 - 311 E Buffalo Street, New Buffalo, MI
Price
$ 1,595,000
Property Attributes
  • MLS#23134370
  • TypeCommercial
  • CountyBERRIEN
  • CityNew Buffalo
  • AreaNew Buffalo City
  • NeighborhoodNew Buffalo City
  • Zip49117
  • StyleBusiness
  • Year Built1955
  • Taxes$ 5287
  • Price$ 1,595,000
  • Bedrooms0
  • Full Bathrooms7
  • Half Bathrooms0
  • Lot Size0.63 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Business Opportunity in the City of New Buffalo! Successful Short Term Rental Property with 6/7 units. Also includes an additional building (currently used as a spa) that has 3 bedrooms/1 full bath. The main building was built in 1950 for a local professional and features sprinkles of art deco, gas log fireplaces in all but one unit, large jetted/jacuzzi tubs, kitchenettes for extended stays, manicured grounds, hot tub, firepit area, outdoor decking, ample parking, private and communal gathering spaces, vaulted ceilings, sky lights, individual heating/cooling controls and 1 unit even has a sauna. Located near the center of town, supermarket, shoppes, restaurants, Amtrak Station, Lake Michigan Public Beach, Four Winds, Parks, Pickleball and Tennis Courts, and All things Harbor Country.

Price History
9/15/2023 Listed $1,895,000
1/9/2024 16% - $1,595,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities Storm Sewer Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Natural Gas Connected,Cable Connected
Possession Negotiable
Roof Composition
Construction Materials Brick
Year Built 1955
Township New Buffalo City
Property SubType Business
Tax Year 2023
Business Type Other
Waterfront Features All Sports,Public Access 1 Mile or Less
Community Features Lake
County Berrien
New Construction No
Property Type Commercial Sale
Attached Garage No
Status Active
Directions Buffalo St. (Red Arrow Hwy) heading N/E from traffic light
City New Buffalo
Body of Water Lake Michigan
High School District New Buffalo
Total Units 8
MLS Area Southwestern Michigan - S
Lot Size Square Feet 27443.0
Waterfront Y/N No
Street Name Buffalo
Land Lease Y/N No
Tax Annual Amount 5287.0
Lease Renewal Y/N No
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 242
Standard Status Active
Tax Assessed Value 173268
MobileHomeRemainsYN No
Legal Description Per Title Commitment
Senior Community None

Interior Features

Total Fireplaces 2
Total Stories 4180
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 7
Street Suffix Street
Electric On Property Y/N No
Total Baths 7

Exterior Features

Parking Features Unpaved
Water Source Public
Inclusions {u'Equipment': True,u'Real Estate': True,u'Furniture': True}
Lot Size Area 0.63
Number of Buildings 2
Spa No
Building Area Total 5100.0
Lot Dimensions Irregular
Lot Size Acres 0.63
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49117

Price
AVG $1.06M
$1.6M
Taxes
AVG $3,859
$5,287
Visits
AVG 86
256
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1955
Walkscore
AVG 33
58
Data Provided by Walkscore® not using MLS data

Your Agent

Robin Jennings

Administrative Assistant

612-662-6486

Listed By
Traci S Lauricella at RE/MAX Harbor Country @ New Buffalo - (269) 586-2330

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