Three Rivers, MI 49093,301 US 131
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$2,200,000
Est. payment /mo
2 Baths
47,264 SqFt
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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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Listed by Kalamazoo Commercial Real Estate

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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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