225 5th Street Benton Harbor, MI ^$ 775,000

225 5th Street

^$ 775,000

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225 5th Street

Benton Harbor, MI, 49022

^$ 775,000

Studio Baths0.0 Sq 50,390

Monthly Estimate*

^$ 5,151

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Studio

Commercial Property for sale in Benton Harbor, MI

for $775,000. This 50,390 square foot building was built in 1940 on a lot size of 0.72.

Amazing real estate opportunity in the heart of the Benton Harbor Arts District! This 50,000+ sq ft office/warehouse space is available on market for the first time in nearly 50 years. Make your business or development dreams a reality in a vibrant and booming location within a block of The Livery, Mason Jar, and Harbor Shores golf course. This is THE premier location in the BH Arts District. Property has been used as a distribution business since 1980, current lease runs through July 2024.

Commercial Active

Price

^$ 775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,677

Style

Commercial/Industrial

Lot Size

0.72

Year Built

1940

Town/City

Benton Harbor

County/Region

Berrien

MLS | Web ID

70384604

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Roof Rubber

Water Public Water Public Water at Street

Status Active Active

Year Built 1940

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Benton Harbor

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Gas Available Sprinkler System Telephone

Area Benton Harbor (11024)

Primary City Benton Harbor

Directions Head East on Main st. from the river take the third exit on the roundabout at 5th st property will be on your right.

City Benton Harbor

Street Name 5th

Financial Terms Cash Conventional Land Contract

Legal Description per title commitment

DOM 148

Postal Code 49022

Price Per Sq Ft Total 15.38

Coming Soon Amazing real estate opportunity in the heart of the Benton Harbor Arts District! This 50

Exterior

Exterior Aluminum Block Concrete Frame Vinyl Siding Wood

Frontage 125

Lot Size Area 0.72

Lot Dimensions 251x125

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Cameron Mammina

Listing Agent

Re/Max Harbor Country

Broker

cam.mammina@gmail.com

Affordability Calculator

$5,457

Per Month

Monthly Principal & Interest: $5,151
Monthly Property Taxes: $306
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Benton Harbor, MI

Average List Price ^$312,336

Percent of Sale Price 60%

About Benton Harbor, MI

9,347 Population

-19% Since 2002

^$20,722 Median Income

30.84 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2024	$775,000	-3.00%	Price Down
1/8/2024	$799,000		Listed Price

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225 5th Street, Benton Harbor, MI, 49022 is a Commercial Property for sale at $775,000 with 50,390 sqft and a lot size of 0.72. 225 5th Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 49022 which is in Benton Harbor, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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225 5th Street

Commercial Property for sale in Benton Harbor, MI

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