Paw Paw Office
213 E Paw Paw Street Paw Paw, MI 49079
COMMERCIAL - Paw Paw, MI
Type:Office
Property size:
1,163 SFLot size:
0.04 AcresPrice / SF:
$150/SF- Added:
- Dec 19, 2025
- Days on Market:
- 203
- Last Refresh:
- Jul 10 at 2:06 am
Property Features for 213 E Paw Paw Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Interior features
- Broadband
- Standard status
- Active
- APN
- 80-47-112-013-00
- Size
- 1,163 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- attached in documents
- Tax Annual Amount
- 3633
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1920
- Number of units
- 1
Listing agent Barbara R Carpenter License #6504211556 (269) 501-1134
Listing office Golden Star Realty, Inc. 107 S LaGrave Street, Paw Paw, MI (269) 657-4830
Listing date Dec 19, 2025
MLS# 25062446
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located in Paw Paw, Michigan, across from the county courthouse and adjacent to the County Park. Records indicate the building was constructed in 1920, and many of the original features are still present. The property has functioned as law offices for many years. The building has a size of 1163 square feet and is situated on a lot of 0.04 acres.
Key Highlights
- Prime location across from the county courthouse and adjacent to the County Park.
- Original features of the 1920 building are still present.
- Broadband internet available.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.8k | $17.04 |
| − Vacancy | −$3.9k | −$3.37 |
| EGI | $15.9k | $13.67 |
| − OpEx | −$4.0k | −$3.42 |
| NOI | $11.9k | $10.25 |
1,163 SF · lease $17.04/SF/yr · vacancy 19.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$170.3K
$149.0K – $198.7K
NOI $11,920 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$14.38M
$12.58M – $16.78M
NOI $1,006,621 @ 7.0% cap · market cap 575.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mark A Manning PC
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building in prime location near courthouse and park.
Where is this office building located?
The property is located at 213 E Paw Paw Street Paw Paw, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Prime location across from the county courthouse and adjacent to the County Park.; Original features of the 1920 building are still present.; Broadband internet available.
