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    Updated Retail Storefront Building Title is generated by Realmo AI

    102 N Lincoln Avenue, Three Rivers, MI 49093

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    For Sale
    $119,900

    COMMERCIAL - Three Rivers, MI

    Type:Retail
    Property size:
    600 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $199/SF
    Added:
    Jan 16, 2026
    Days on Market:
    162
    Last Refresh:
    Jun 27 at 8:06 pm

    Property Features for 102 N Lincoln Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking
    10
    Standard status
    Active
    APN
    051-365-079-00
    Size
    600 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    E 1/2 OF LOTS 11-12 BLK 10 YAUNEYS ADD CITY OF THREE RIVERS.
    Tax Annual Amount
    9893

    Utilities

    Utilities
    Electricity Available
    Heating system
    Baseboard

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    1
    Building materials
    Wood Siding
    Roof type
    Composition

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    Contact an agent
    Josh Nagy
    Josh Nagy

    Listing agent Josh Nagy License #6506046197

    Listing office Berkshire Hathaway HomeServices Michigan Real Estate 1200 N Main, Kalamazoo, MI

    Listing date Jan 16, 2026

    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.

    HighLights

    • Prime frontage on West Michigan Avenue and Lincoln Drive offers exceptional visibility and accessibility.
    • Fully updated with new electrical and plumbing, fresh interior paint, and updated floor coverings.
    • Ample on‑site parking.
    • Turnkey and ready for a new business venture.
    • Perfectly suited for a startup, boutique, office, or specialty business.
    • Affordable footprint in the heart of Three Rivers.

    Overview

    This turnkey, fully updated small commercial building offers an immediately usable interior for a new tenant or owner. The property features new electrical and plumbing, along with fresh interior paint and updated floor coverings throughout, creating a clean, move-in-ready environment. At approximately 600 square feet, the layout is suited to smaller concepts that need an efficient footprint.

    Located at 102 N Lincoln Avenue in Three Rivers, the building is positioned for visibility with prime frontage along both West Michigan Avenue and Lincoln Drive. Access is supported by ample on-site parking, which can help accommodate customers and daily traffic for retail, office, or specialty uses.

    The configuration and condition make this property practical for a range of storefront-oriented operators, including a startup, boutique, office, or other specialty business seeking an affordable footprint without additional buildout needs. With the core systems updated and the interior refreshed, prospective tenants and buyers can focus on branding, merchandising, and day-to-day operations rather than deferred capital improvements.

    Local Financial Insights For Retail

    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 $9.3k $15.48
    − Vacancy −$390 −$0.65
    EGI $8.9k $14.83
    − OpEx −$2.7k −$4.45
    NOI $6.2k $10.38
    600 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $89.0K
    $77.9K – $103.8K (±1% cap)
    NOI $6,229 @ 7.0% cap · market cap 5.20%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $7.48M
    $6.54M – $8.72M (±1% cap)
    NOI $523,331 @ 7.0% cap · market cap 436.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Three Rivers
    County
    St. Joseph
    State
    Michigan
    Longitude
    -85.640917
    Latitude
    41.942867

    FAQs

    What type of property is this?
    Storefront property - Turnkey small retail building with new electrical, plumbing, and interior updates, plus convenient parking and dual frontage.
    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: Prime frontage on West Michigan Avenue and Lincoln Drive offers exceptional visibility and accessibility.; Fully updated with new electrical and plumbing, fresh interior paint, and updated floor coverings.; Ample on‑site parking.
    More about this property
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