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9067 US Highway 31 51,108 SF 100% Leased Retail Building Berrien Springs, MI 49103 $3,956,789 CAD ($77.42 CAD/SF)



Executive Summary
Amazing opportunity to own a neighborhood strip center. Current grocery store with bakery, separate deli/café (with hood), floral shop, card/ gift shop along with 18 private office business suites available for sale. Over 50,000 SF of mixed-use space on over 4 acres of land with 160+ parking spaces complete with loading dock and walk in coolers. 313 feet of frontage on Michigan Hwy 139. All FFE included in sale. At entrance of Andrews University. Owner retiring and looking to sell. Perfect opportunity to continue grocery store with additional add on retail spaces and additional income. Or redevelop and add student housing. Possibilities are endless. In addition, the second floor includes 18 private office/business suites offering immediate diversified income streams. On major corridor connecting St Joseph to Berrien Springs and Niles.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
51,108 SF
Building Class
C
Year Built/Renovated
1975/1995
Price
$3,956,789 CAD
Price Per SF
$77.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
4.19 AC
Zoning
B
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-15-0013-0012-10-0 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,895,029 CAD |
Property Taxes
Parcel Number
11-15-0013-0012-10-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,895,029 CAD
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Presented by
B MacGregor Real Estate LLC
9067 US Highway 31
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