Address
195 Michigan Street, Benton Harbor, MI
Price
$ 250,000
Property Attributes
  • MLS#20012095
  • TypeCommercial
  • CountyBERRIEN
  • CityBenton Harbor
  • AreaBenton Harbor City
  • NeighborhoodBenton Harbor City
  • Zip49022
  • StyleIndustrial
  • Year Built1930
  • Taxes$ 1561
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size12,197 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
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 $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".

Price History
4/3/2020 Listed $300,000
4/12/2023 9% - $275,000
12/29/2023 10% - $250,000

General Features

Sewer Public Sewer
Utilities Phone Available,Public Water Available,Public Sewer Available,Natural Gas Available,Phone Connected,Natural Gas Connected,Electric Connected
Possession Negotiable
Roof Rubber,Concrete
Construction Materials Brick,Aluminum Siding
Year Built 1930
Township Benton Harbor City
Property SubType Industrial
Tax Year 2023
Business Type Storage,Manufacturing
County Berrien
New Construction No
Property Type Commercial Sale
Status Active
Directions Main to Colfax to Michigan
City Benton Harbor
High School District Benton Harbor
Zoning Description 201/com/ind/imp
Total Units 1
MLS Area Southwestern Michigan - S
Lot Size Square Feet 11985.0
Waterfront Y/N No
Street Name Michigan
Land Lease Y/N No
Tax Annual Amount 1561.0
Lease Renewal Y/N No
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N No
Lease Considered Y/N Yes
Rent Control Y/N No
Days on Market 1501
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 26121
Ownership Type LLC
MobileHomeRemainsYN No
Legal Description Per Deed
Senior Community None

Interior Features

Basement Full
Total Fireplaces 1
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Full Baths 4
Street Suffix Street
Electric On Property Y/N No
Total Baths 4

Exterior Features

Water Source Public
Inclusions {u'Real Estate': True}
Lot Size Area 0.28
Number of Buildings 1
Spa No
Building Area Total 20919.0
Lot Dimensions 79.9 x 150
Lot Size Acres 0.28
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 49022

Price
AVG $280K
$250K
Taxes
AVG $5,217
$1,561
Visits
AVG 19
581
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1930
Walkscore
AVG 43
71
Data Provided by Walkscore® not using MLS data
Listed By
Donald A Kamp at @properties Christie's International R.E. - (269) 469-0700

Areas We Cover