301 US 131 new

Three Rivers,MI 49093

$ 2200000

- Bed

2 Baths

47264 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 47,264 sqft

Price per Sqft $46

Municipality Three Rivers City

MLS Listing ID 25049905

Full Baths 2

Year Built 1983

Annual Tax Amount $63,737

Tax Year 2024

Lot Size 7.300 Acres

Acres 7.3

Lot Dimensions 400 x 795

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

Property Description

Prime investment opportunity located on
the main retail corridor of US-131 in Three
Rivers. This highly visible 47,264 SF retail
building is situated on 7.3 acres with excellent accessibility and parking (+100 spaces). The property is 100% occupied by two well-established tenants. Both tenants have recently signed a 5-year lease extension, underscoring their long-term commitment. This is a NNN lease structure with minimal landlord responsibilities, making it an ideal low-management investment.

Location

State MI

County St. Joseph

Area St. Joseph County - J

Interior

Heating Forced Air

Inclusions Real Estate

Exterior

Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected

View Y/N No

Building

New Construction No

Schools

School District Three Rivers

Others

Tax ID 051-399-101-10

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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