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Historic Grainery Triplex
For Sale
$425,000

721 E Bridge Street, Plainwell, MI 49080

Multi Family, Plainwell, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market388

Property Features for 721 E Bridge Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 3
Half bathrooms 3
Rooms Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 5
Parking 11
Parking features Driveway
Basement Full
Lot features Corner Lot
Elementary school district Plainwell
Middle school district Plainwell
High school district Plainwell
Directions M-89 east from downtown Plainwell to property on the north side of road next to Old Mill restaurant.
Subdivision Greater Kalamazoo - K
Standard status Active
APN 03-55-270-028-10
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description see attached
Tax Annual Amount 4633
Legal Description see attached

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

in-unit laundry
rooftop patio
private patio

Building Details

Year built 1890
Number of units 4
Building materials Brick, Wood Siding
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices MI
Listed By: Cheri S Schulz · License #6502136063
Added: Aug 25, 2025 Changed: Sep 12 Last Checked: Sep 16 at 1:06AM
MLS# 25043254

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 historic 1890 building has been converted into a three-unit townhouse property while retaining original grainery elements. The two upper-level residences share the same layout, with 2 bedrooms, 1 1/2 baths, in-unit laundry, and access to a rooftop patio. The main-level unit includes a 1/2 bath and can function as either commercial space or a living area. Its finished lower level adds a kitchen, full bath, laundry, and potential for 2 bedrooms with minor modifications, along with a private patio.

A historic caboose on the property has also been used as a rental or commercial unit. The parcel measures 0.15 acres and includes a driveway, metal roofing, brick and wood siding, forced-air heat, central air, and cable availability. The property also includes parcel #03-55-270-028-00 and has a documented strong rental history.

Key Highlights

  • Three‑unit townhouse building converted from a historic grainery
  • Two upper‑level units each include 2 bedrooms, 1 1/2 baths, laundry, and rooftop patio access
  • Main‑level unit offers commercial or residential use with a 1/2 bath

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Restaurant Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 49080, MI

15,994
Population
6,582
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
77.4 sq mi
ZIP Area
207
Density / Sq Mi
$75,250
Median Household Income
$42,775
Median Earnings
$982
Median Rent
$234,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit townhouse building with original grainery details, rooftop patio access, and a flexible main-level unit.
Where is this triplex located?
The property is located at 721 E Bridge Street Plainwell, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three‑unit townhouse building converted from a historic grainery; Two upper‑level units each include 2 bedrooms, 1 1/2 baths, laundry, and rooftop patio access; Main‑level unit offers commercial or residential use with a 1/2 bath
More about this property
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