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$ 1,400,000
Est. payment | /mo
3 Baths
2,964 SqFt
$ 1,400,000
Est. payment | /mo
3 Baths
2,964 SqFt
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 2,964 sqft
Price per Sqft $472
MLS Listing ID 69026010282
Year Built 1996
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type BusinessandRealEstate
Property Description
Fully leased multi-tenant commercial property located in the heart of downtown New Buffalo's primary retail and professional corridor. The building consists of approximately 2,964 square feet across three suites with established professional tenants in place, offering stable income at an approximate 6.2% cap rate.Positioned on the corner of W Buffalo Street and N Whittaker Street, the property benefits from strong visibility, a central corner location, and consistent traffic along one of the area's most active commercial corridors within New Buffalo's vibrant downtown core.The location is supported by Harbor Country tourism and proximity to the greater Chicago market, contributing to sustained demand for downtown commercial space. Lease terms extend through 2028-2029, providing near-term income stability.Additional Opportunity:While the property is currently fully leased, there may be potential to accommodate an owner-user. Ownership may consider negotiating an early vacate withan existing tenant, offering a buyer the opportunity to occupy space prior to current lease expirations.
Location
State MI
County Berrien
Area Area94192Newbuffalo
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Asphalt, Paved
Utilities Available CableConnected, ElectricityConnected, PhoneAvailable, PhoneConnected
View Y/N No
Roof Type Composition
Building
Foundation None, Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District New Buffalo
Others
Ownership LLC
Acceptable Financing Cash
Listing Terms Cash

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Listed by Christina Castaneda of @properties Christie's International R.E.






