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105 N Broadway St 9,064 SF 100% Leased Office Building Cassopolis, MI 49031 $592,863 CAD ($65.41 CAD/SF) 1.56% Cap Rate



Investment Highlights
- Fully occupied investment with office tenants and residential apartments generating immediate income.
- Large timber-framed event venue offering multiple revenue opportunities.
- Multiple income streams with future value-add potential.
- Historic 9,064 SF downtown landmark with exceptional character and adaptive reuse potential.
- Prime location directly across from the Cass County Courthouse.
- Offered at $449,900 with significant upside for investors or owner-users.
Executive Summary
Rare opportunity to own one of downtown Cassopolis’ most recognizable historic buildings. This fully occupied mixed-use property combines office suites, residential apartments, and a dramatic event/studio venue into one income-producing investment with substantial long-term upside.
Built in 1860 and located directly across from the Cass County Courthouse, the approximately 9,064-square-foot building offers exposed brick, original hardwood floors, heavy timber construction, soaring ceilings, and architectural details that cannot be replicated today.
Current income is generated from multiple office tenants, two residential apartments, and the event venue, creating diversified revenue streams. The flexible layout also offers exceptional future potential for expanded event operations, hospitality, restaurant, brewery, creative office, boutique retail, or live/work redevelopment (subject to approvals).
Situated in the center of downtown Cassopolis near Stone Lake, this landmark property enjoys excellent visibility, public utilities, and immediate access to the Broadway and State Street commercial corridor.
Whether you’re seeking a stabilized mixed-use investment or a one-of-a-kind owner-user opportunity, 105 N Broadway represents an irreplaceable historic asset with character, flexibility, and long-term appreciation potential.
Built in 1860 and located directly across from the Cass County Courthouse, the approximately 9,064-square-foot building offers exposed brick, original hardwood floors, heavy timber construction, soaring ceilings, and architectural details that cannot be replicated today.
Current income is generated from multiple office tenants, two residential apartments, and the event venue, creating diversified revenue streams. The flexible layout also offers exceptional future potential for expanded event operations, hospitality, restaurant, brewery, creative office, boutique retail, or live/work redevelopment (subject to approvals).
Situated in the center of downtown Cassopolis near Stone Lake, this landmark property enjoys excellent visibility, public utilities, and immediate access to the Broadway and State Street commercial corridor.
Whether you’re seeking a stabilized mixed-use investment or a one-of-a-kind owner-user opportunity, 105 N Broadway represents an irreplaceable historic asset with character, flexibility, and long-term appreciation potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
9,064 SF
Building Class
B
Year Built
1860
Price
$592,863 CAD
Price Per SF
$65.41 CAD
Cap Rate
1.56%
NOI
$9,231 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,532 SF
Building FAR
1.40
Lot Size
0.15 AC
Opportunity Zone
Yes
Amenities
- Reception
- Storage Space
- Air Conditioning
- Balcony
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 14-041-126-073-00 | Improvements Assessment | $131,877 CAD |
| Land Assessment | $12,753 CAD | Total Assessment | $144,631 CAD |
Property Taxes
Parcel Number
14-041-126-073-00
Land Assessment
$12,753 CAD
Improvements Assessment
$131,877 CAD
Total Assessment
$144,631 CAD
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105 N Broadway St
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