9067 US Highway 31 - Storefront FOR SALE


Berrien Springs, MI 49103
$2,900,000 USD
906-440-6009
9067 US Highway 31, Berrien Springs, MI for Sale
$2,900,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

9067 US Highway 31
Berrien Springs, MI 49103


OVERVIEW

Amazing opportunity to own a neighborhood strip center. Current grocery store with bakery, separate deli/café (with hood), floral shop, card/ gift shop along with 18 private office business suites available for sale. Over 50,000 SF of mixed-use space on over 4 acres of land with 160+ parking spaces complete with loading dock and walk in coolers. 313 feet of frontage on Michigan Hwy 139. All FFE included in sale. At entrance of Andrews University. Owner retiring and looking to sell. Perfect opportunity to continue grocery store with additional add on retail spaces and additional income. Or redevelop and add student housing. Possibilities are endless. In addition, the second floor includes 18 private office/business suites offering immediate diversified income streams. On major corridor connecting St Joseph to Berrien Springs and Niles.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Supermarket, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.19 AC

LAND SF

182,516 SF

ZONING

B

APN/PARCEL ID

11-15-0013-0012-10-0

ASK ABOUT THIS PROPERTY

Bruce MacGregorB MacGregor Real Estate LLCMore Info
906-440-6009

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Bruce MacGregorB MacGregor Real Estate LLCMore Info
906-440-6009

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