This solid 3,271 square ft. block building in the heart of downtown New Buffalo has potential for commercial or residential use, making it a perfect candidate for a short term rental. Priced at under a $100 per sq. ft., this could also be excellent storage / shop for cars, boats, toys etc if that's your need? Features include two 8' x 10' overhead doors, a complete tear off 40-year asphalt roof installed in 2021, recently added natural gas, and a 200 AMP electrical service. Conceptual drawings by Danielle Architecture show the potential of a 4 BR, 4.5 BA single-family home OR a 2 BR, 2.5 BA multi-unit arrangement, providing excellent-and much needed-short-term rental possibilities. In New Buffalo, residential is allowed in commercial buildings and does not require the special limited.. (residential special use) STR approval permit, thus 'grandfathering' this unique property for such investment use. This prime New Buffalo location is a very short walk to downtown restaurants, shops, beach & marina. Situated on two lots with ample parking, it's gutted and ready!
Mls | 24012257 |
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Listing Type | For Sale |
Style | Retail |
Subtype | Resale |
Status | Pending |
Year | 0 |
Days On Site | 275 |
Listing Provided By | Cressy & Everett R.E. of Harbor Country | Gerald Olson |
Sq Feet | 3,271 |
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Storys | 1 |
Units | 1 |
Buildings | 1 |
Zoning | Commercial |
Acreage | 0.07 |
Water Front | Lake |
State | MI |
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County | Berrien |
City | New Buffalo |
Zip Code | 49117 |
Area | Southwestern Michigan S |
Subarea | S |
School District | New Buffalo |
Listing VS Median (in 49117) | |
Price: $298,500 low | high Med: $699,000 SqFt: 3,271 low | high Med: 2,250 $ / SqFt: $91 low | high Med: $327 On Site: 275 low | high Med: 61.500000 |