50463 M-152 - Retail FOR SALE


Dowagiac, MI 49047
$250,000 USD
630-280-0077
50463 M-152, Dowagiac, MI for Sale
$250,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

50463 M-152
Dowagiac, MI 49047


HIGHLIGHTS

  • Heavy traffic. Sister Lakes area with majority vacation seasonal owners.

OVERVIEW

Unlock the potential of this versatile commercial opportunity located in a thriving summer destination! Currently operating as a popular ice cream & hot dog shop, this property offers endless possibilities for entrepreneurs and investors. Whether you're dreaming of a café, kayak rental hub, retail space, or an entirely new venture, the flexible layout and prominent location invite creativity. Sale includes an additional residential lot—perfect for future expansion or added investment potential—and comes with deeded lake egress rights to Magician lake, giving you a unique edge in this popular tourist area. With steady seasonal traffic and visibility, this property is primed for your next big idea. Don't miss your chance to be part of the community's next chapter! Inquire today to explore the possibilities of 2 buildings, a residential lot & 5 min walk to Magician Lake deeded access!

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Commercial

APN/PARCEL ID

14-130-155-122-00

ASK ABOUT THIS PROPERTY

Judy MurrayCressy and Everett Real EstateMore Info
630-280-0077

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Judy MurrayCressy and Everett Real EstateMore Info
630-280-0077

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.