Updated Storefront Retail
102 N Lincoln Avenue, Three Rivers, MI 49093
For Sale
$119,900
Commercial Sale, Three Rivers, MI
Property Size600 SF
Lot Size0.20 Acres
Price / SF$199.83
Days on Market299
Property Features for 102 N Lincoln Avenue
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Berkshire Hathaway HomeServices Michigan Real Estate
(269) 273-8185
Listed By:
Josh Nagy · License MI #6506046197
(269) 806-4525
Added: Jan 16
Changed: Oct 8
Last Checked: Nov 10 at 1:06PM
MLS# 26002012
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 600-square-foot storefront property is configured for a small commercial operation and includes one bathroom. Recent improvements include new electrical and plumbing, fresh interior paint, and updated floor coverings. The building was constructed in 1955 and features wood siding, baseboard heating, and a composition roof.
The property occupies 0.2 acres with frontage along West Michigan Avenue and Lincoln Drive. On-site parking supports customer and business access, while electricity is available at the property. Its compact layout and updated interior provide a straightforward setting for retail or other commercial use.
The property occupies 0.2 acres with frontage along West Michigan Avenue and Lincoln Drive. On-site parking supports customer and business access, while electricity is available at the property. Its compact layout and updated interior provide a straightforward setting for retail or other commercial use.
Key Highlights
- 600‑square‑foot storefront building
- 0.2‑acre property with frontage along West Michigan Avenue and Lincoln Drive
- New electrical and plumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,229
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$124,580
$124.6K
Cap Rate 7%
$88,986
$89.0K
Cap Rate 9%
$69,211
$69.2K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$9.3K $15.48/SF
− Vacancy
−$390 −$0.65/SF
EGI
$8.9K $14.83/SF
− OpEx
−$2.7K −$4.45/SF
NOI
$6.2K $10.38/SF
Area
St. Joseph County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$124,580
Cap Rate 7%
$88,986
Cap Rate 9%
$69,211
Alternative Uses
Best Use
Retail
$89.0K
$77.9K – $103.8K
NOI $6,229 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$155.7K
$136.2K – $181.6K
NOI $10,897 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Home Improvements & Furnishings 16%
Shops & Services 15%
Apparel 4%
McDonald's
Dining
21,847 visits/mo
0.3 miles
Taco Bell
Dining
13,500 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
10,857 visits/mo
0.5 miles
Burger King
Dining
9,499 visits/mo
0.3 miles
Dollar General
Shops & Services
9,392 visits/mo
0.4 miles
Demographics for 49093, MI
18,215
Population
8,512
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
105.6 sq mi
ZIP Area
172
Density / Sq Mi
$63,040
Median Household Income
$36,916
Median Earnings
$824
Median Rent
$174,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Compact commercial space with refreshed finishes, updated systems, on-site parking, and frontage along two streets.
Where is this storefront property located?
The property is located at 102 N Lincoln Avenue Three Rivers, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 600‑square‑foot storefront building; 0.2‑acre property with frontage along West Michigan Avenue and Lincoln Drive; New electrical and plumbing
