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    301 Us 131 Three Rivers, MI 49093

    Picture of Shopping centers at Us 131 301, Three Rivers, MI
    For Sale
    $2,200,000

    SINGLE_FAMILY - Three Rivers, MI

    Type:Retail
    Property size:
    47,264 SF
    Lot size:
    7.30 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 301 Us 131

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    051-399-101-10
    Size
    47,264 SF
    Lot size
    7.30 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    2

    Kalamazoo Commercial Real Estate (269) 888-2755

    Listing agent Chad M VanDerwall (269) 888-2755

    Listing date Nov 6, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building on US-131

    Located on US-131 in Three Rivers, this retail building offers an investment opportunity. The property includes 47,264 square feet of space on 7.3 acres. It is situated on the main retail corridor and features accessibility and parking with over 100 spaces. The building is 100% occupied by two tenants, one of which, Label Shopper, has recently signed a 5-year lease extension. This property is suitable for investors or developers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    Maple Lane Plaza

    Map

    City
    Three Rivers
    County
    St. Joseph
    State
    Michigan
    Longitude
    -85.650783
    Latitude
    41.939266

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    FAQs

    What type of property is this?
    Shopping center - 47,264 SF retail building on 7.3 acres for sale.
    Where is this shopping center located?
    The property is located at 301 Us 131 Three Rivers, MI.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Prime location on the main retail corridor of US-131.; - 100% occupied by two well-established tenants.; - Recently extended 5-year lease with Label Shopper.
    (269) 888-2755
    Request Owner's contact information
    301 Us 131 Three Rivers, MI 49093
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Us 131 Three Rivers, MI 49093
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