Closed

$500,000

Favorite

12,591

square ft

208212 Territorial Road #1

Benton Harbor, Michigan 49022

Closed / MLS #2905397 / Retail Store / Benton Harbor

Listing information updated 11/28/2017 at 12:43am

Reconstructed 3 story building with a fine dining restaurant tenant in the Arts District of BHMI overlooking the Club House area for the Jack Nicklaus Signature Golf Course. The top two floors have been deconstructed with open wall studs for 10 units. The ground level has been completed into two business spaces, with one being the restaurant known as The Ideal Place. Construction was completed in the late 90's. The price includes a 50 X 125 ft lot across the street next to the Federal Building which provides highly saught after parking for the residential space yet to be built out. Top floor condo space is $275,000. 2nd floor is offered separately $250,000. Both together are offered at $400,000.

Full Features

Lot Size:

0.14 acres - 6,250 square feet

Acreage:

0.1400

Built:

1912

Parking Spaces:

Cooling System:

Central

Stories:

1.00

Roof:

Rubber

Ceiling Height:

Potential Use:

Bar/Tavern/Lounge, Other, Professional Service, Professional/Office, Restaurant, Retail, Storage

Zoning:

Commercial with

# of Drive-In Doors:

Rentable Square Feet:

1,173

Building Square Feet:

12,591

Retail Square Feet:

4,197

Current Net Income:

$2,600

Taxes & Assessments

Tax Amount:

$5,326

Tax Year:

Location

Zip Code:

49022

City:

Benton Harbor

County:

Berrien

Listing Office: Pete Jorgensen Real Estate

Listing Office Phone: 269.921.0857

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Benton Harbor, MI

Known as the twin to its resort-town sister, St. Joseph, Benton Harbor provides extensive opportunities to live, work, and play while soaking in Lake Michigan’s sparkling views. The views, beaches, and boat access are just a few highlights of this Southwest Michigan locale. From exploring the S...

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$217,731

Average Sale Price

Average Days On The Market

93%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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208212 Territorial Road #1 is a retail store which sold for $500,000. This retail store has been listed on @properties since February 18th, 2009 and was built in 1912.