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Waterfront Office and Co-Working Space

401 Klock Road Benton Harbor, MI 49022

401 Klock Road, Benton Harbor, MI, 49022
$749,900
For Sale
Under Contract
$749,900

COMMERCIAL - Benton Harbor, MI

Property Size3,916 SF
Lot Size13.86 Acres
Price / SF$191.50
Days on Market19

Property Features for 401 Klock Road

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Standard status
Active Under Contract
APN
11-54-0013-0030-11-6
Size
3,916 SF
Lot size
13.86 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
THAT PT OF FOL DESC LYING S OF SLY R/W OF M-139 COM 230'S & 1205.67'W OF E1/4 PST SEC 13 T4S R19W TH W 400'TH N TO N LN
Tax Annual Amount
3867

Utilities

Utilities
Natural Gas Available
Heating system
Forced Air
Water front
1

Building Details

Year built
1956
Number of units
1
Building materials
Block, Brick
Listing Agency Keller Williams Realty Swm
2603 S Cleveland, St. Joseph, MI
Listed by Dan Morissette · License #6501295859
Added: Jun 29 Checked: Jul 17 at 4:06 pm
MLS# 26032562

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 property is a versatile commercial venue designed for modern office and co-working use, with an expansive open-concept interior. The space includes dedicated studio areas and a built-in cafe/service counter, supporting a range of workplace and wellness concepts. Large windows throughout the interior are intended to capture water views and bring natural light into the main areas. The property also includes a large-scale solar array intended to support renewable energy generation.

The site is located directly along the Paw Paw River in Benton Harbor, Michigan, and the property is positioned across Blue Star Highway from Jean Klock Park. Public remarks describe immediate proximity to recreational and boating amenities, including local marinas, and the Jack Nicklaus Signature Golf Course at Harbor Shores. The property is also described as serving as a regional destination, with downtown Chicago noted as about 90 minutes away.

For tenants, buyers, or operators, the combination of open-plan layout, private studio spaces, and on-site cafe/service counter can fit businesses that want both collaborative and private work settings. Its waterfront orientation and natural-light-focused design may also appeal to organizations looking to create a comfortable guest-facing environment alongside flexible workplace operations. The presence of a solar array may be a relevant consideration for those evaluating operating energy strategy for the facility.

Key Highlights

  • Along the Paw Paw River, with expansive windows for water views
  • Across Blue Star Highway from Jean Klock Park
  • Built in 1956 with block and brick construction

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 $66.7k $17.04
− Vacancy −$9.2k −$2.35
EGI $57.5k $14.69
− OpEx −$14.4k −$3.67
NOI $43.1k $11.02
3,916 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$616.3K
$539.3K – $719.0K (±1% cap)
NOI $43,140 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$824.0K
$721.0K – $961.4K (±1% cap)
NOI $57,682 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Living in Sinew Gym & Fitness Center The Collective Gym & Fitness Center Rebel Cafe Cafe & Coffee Shop Yoga Muse Gym & Fitness Center The River Collective Gym & Fitness Center

Suggested Use

Building Supply Big Box & Wholesale Store Real Estate Agency Restaurant Kitchen & Bath Showroom Nail Salon Auto Parts Store Garden Center Spa & Massage Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Coworking space - Flexible open-concept workspace with studio rooms and a built-in cafe/service counter, positioned by the Paw Paw River.
Where is this coworking space located?
The property is located at 401 Klock Road Benton Harbor, MI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Along the Paw Paw River, with expansive windows for water views; Across Blue Star Highway from Jean Klock Park; Built in 1956 with block and brick construction
Contact an agent
More about this property
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