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208 S Elm St 15,475 SF 100% Leased Retail Building Three Oaks, MI 49128 For Sale



Investment Highlights
- Occupied with current shopping center leases through 2027
- Residential property can be used for short- or long-term rental
- Excellent road frontage in town center/high traffic location
Executive Summary
PROPERTY TAX ID COMBINED WITH 208 S. ELM - PROPERTY LISTED IN MLS AS 208 S. ELM STREET, THREE OAKS, MI 49128
Outstanding investment in the heart of Three Oaks, encompassing dynamic retail space, STR residential property and extra land for added parking or expansion! With over 9000 sf of occupied retail space under one roof, including a restaurant, fitness center and retail shop with 132' of frontage on US-12, this is a terrific addition to your portfolio in a busy tourist community just over an hour from Chicago and 45 minutes from South Bend/Notre Dame. The package includes a 4100 sf, beautifully updated home facing South Elm Street with an attached apartment, which can be used for short- or long-term rental or live/work, plus a 1400 sf storage building. Adjacent to the retail space is a 1.54 acre lot for another 82' of US 12 road frontage. This Harbor Country location delivers a solid investment in a popular destination anchored by well-known live theater, dining and entertainment options, in a nationally recognized southwest Michigan location.
Residence includes 3700 main house (2327 sf main level/1817 sf upper level) and 700 sf apartment. Listing includes two tax ID number: 11-47-7100-0001-03-8 (commercial building and house/apartment) and 11-47-0010-0079-02-1 for vacant land. Vacant land will not be sold separately.
Outstanding investment in the heart of Three Oaks, encompassing dynamic retail space, STR residential property and extra land for added parking or expansion! With over 9000 sf of occupied retail space under one roof, including a restaurant, fitness center and retail shop with 132' of frontage on US-12, this is a terrific addition to your portfolio in a busy tourist community just over an hour from Chicago and 45 minutes from South Bend/Notre Dame. The package includes a 4100 sf, beautifully updated home facing South Elm Street with an attached apartment, which can be used for short- or long-term rental or live/work, plus a 1400 sf storage building. Adjacent to the retail space is a 1.54 acre lot for another 82' of US 12 road frontage. This Harbor Country location delivers a solid investment in a popular destination anchored by well-known live theater, dining and entertainment options, in a nationally recognized southwest Michigan location.
Residence includes 3700 main house (2327 sf main level/1817 sf upper level) and 700 sf apartment. Listing includes two tax ID number: 11-47-7100-0001-03-8 (commercial building and house/apartment) and 11-47-0010-0079-02-1 for vacant land. Vacant land will not be sold separately.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
15,475 SF
Building Class
B
Year Built/Renovated
1940/2007
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
1.18 AC
Zoning
C-1 - Commercial, including the residential structure.
Parking
54 Spaces (3.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Tenant Controlled HVAC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Sherwood Forest Rustic Log
- Retailer
- -
- -
-
Lorem Ipsum
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Jan 0000
- Three Oaks Sub Shop
- Retailer
- -
- -
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Sherwood Forest Rustic Log | Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Three Oaks Sub Shop | Retailer | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-47-7100-0001-03-8 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $524,025 CAD |
Property Taxes
Parcel Number
11-47-7100-0001-03-8
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$524,025 CAD
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208 S Elm St
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