Creative Space with Detached
For Sale
$394,900
427 S Whittaker Street, New Buffalo, MI 49117
Commercial Sale, New Buffalo, MI
Property Size1,500 SF
Lot Size0.23 Acres
Price / SF$263.27
Days on Market197
Property Features for 427 S Whittaker Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
GCD
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Elementary school district
New Buffalo
Middle school district
New Buffalo
High school district
New Buffalo
Directions
From the traffic light in New Buffalo, go South and building is just past Clay St. on the Left. Sign in window.
Standard status
Active
APN
116249000116004
Size
1,500 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Per title commitment
Tax Annual Amount
4500
Legal Description
Per title commitment
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Water front features
Lake
Water front
1
Amenities
kitchenette
bathroom
stylish lighting
parking
rear office space
detached garage
storage
tall ceilings
heating and cooling
privacy fenced rear yard
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Listing Agency:
RE/MAX Harbor Country @ New Buffalo · RE/MAX International
(269) 586-2330
Listed By:
Traci S Lauricella · License #6506046835
(269) 876-9163
Added: Mar 24
Changed: Oct 2
Last Checked: Oct 6 at 1:06AM
MLS# 26011481
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.
The 1,500-square-foot building dates to 1950 and is currently vacant. Its interior includes a kitchenette, bathroom, rear office area, and decorative lighting. A detached garage adds storage space and has a bathroom, tall ceilings, and heating and cooling. The property also has a fenced rear yard with gates and on-site parking.
At 0.23 acres, the property is in New Buffalo, a short distance from downtown, Amtrak, restaurants, shops, breweries, wineries, Four Winds, bike trails, and public beach access on Lake Michigan.
At 0.23 acres, the property is in New Buffalo, a short distance from downtown, Amtrak, restaurants, shops, breweries, wineries, Four Winds, bike trails, and public beach access on Lake Michigan.
Key Highlights
- 1,500‑square‑foot commercial building on a 0.23‑acre lot
- Detached garage with storage, bathroom, tall ceilings, and heating and cooling
- Main building includes a kitchenette, bathroom, rear office, and decorative lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,525
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,500
$330.5K
Cap Rate 7%
$236,071
$236.1K
Cap Rate 9%
$183,611
$183.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$25.6K $17.04/SF
− Vacancy
−$3.5K −$2.35/SF
EGI
$22.0K $14.69/SF
− OpEx
−$5.5K −$3.67/SF
NOI
$16.5K $11.02/SF
Area
Berrien County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,500
Cap Rate 7%
$236,071
Cap Rate 9%
$183,611
Alternative Uses
Best Use
Office B
$236.1K
$206.6K – $275.4K
NOI $16,525 @ 7.0% cap · market cap 4.18%
Second Best
Retail
$222.4K
$194.6K – $259.5K
NOI $15,571 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$315.6K
$276.2K – $368.3K
NOI $22,095 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 49117, MI
3,710
Population
3,790
Households
1
Avg Household Size
54
Median Age
46%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
195
Density / Sq Mi
$75,268
Median Household Income
$48,056
Median Earnings
$749
Median Rent
$448,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Creative space - Vacant commercial space includes a kitchenette, rear office, and a separate garage with its own bathroom.
Where is this creative space located?
The property is located at 427 S Whittaker Street New Buffalo, MI.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: 1,500‑square‑foot commercial building on a 0.23‑acre lot; Detached garage with storage, bathroom, tall ceilings, and heating and cooling; Main building includes a kitchenette, bathroom, rear office, and decorative lighting
