52-54 N Main Street

Retail-Commercial for Sale
Catylist Listing ID: 30811476
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 19,168 SF
Gross Land Area: 0.20 Acres
Sale Price: $599,000
Unit Price: $31.25 PSF
Property Use Type: Investment
Usable Size (USF): 19,168 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2022

Overview / Comments

Beautiful large Downtown Three Rivers building, located next to the Riviera Theatre. Entire building has been completely updated and remodeled. Lower level offers a large event space with a grand entrance off Railroad Street, multiple restrooms, service bar area and storage rooms. Main floor offers large retail space with large display windows; additional private offices in the rear portion with separate entrance off back of building. Upper level has 3 newly built, large apartments, offering great income to a new owner.

Additional Details

Nearest MSA: Sturgis
County: Saint Joseph
Taxing Authority: City of Three Rivers
Tax ID/APN: 051 199 023 00
Zoning: B-3
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Portage & Michigan
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,447 12,962 15,792
Median Age: 32.73 36.27 37.03
Households: 1,359 5,067 6,136

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