Three Rivers, MI 49093,301 US 131

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$ 2,200,000
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301 US 131 Three Rivers, MI 49093

47,264 SqFt


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Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 47,264 sqft

Price per Sqft $46

MLS Listing ID 66025049905

Year Built 1983

Annual Tax Amount $63,737

Lot Size 7.300 Acres

Acres 7.3

Lot Dimensions 400 x 795

Property Sub-Type Business And Real Estate

Source Greater Kalamazoo Association of REALTORS®

Property Description

Prime investment opportunity located onthe main retail corridor of US-131 in ThreeRivers. This highly visible 47,264 SF retailbuilding 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 Three Rivers

Interior

Heating Forced Air

Heat Source Natural Gas

Building

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block

Schools

School District Three Rivers

Others

Tax ID 05139910110

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings


Realcomp MLS
Listed by Chad M VanDerwall of Kalamazoo Commercial Real Estate
Realtyflo Inc

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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