Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    62 Chicago St Coldwater, MI 49036

    Sponsored
    For Sale
    $395,000

    Downtown Coldwater Office Building - 7,200 SF

    Property size:
    3,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This iconic Coldwater, MI commercial property, located at 62 W Chicago Street Unit 62, presents a unique investment opportunity. The building, a recognizable landmark in the downtown area, boasts 3,600 square feet of usable space on the main level, perfectly suited for a variety of professional office uses. It has been continuously occupied as professional office space since 1977, demonstrating its enduring appeal and suitability for business operations. Adding to its functionality is a partially finished 3,600 square foot basement, offering significant potential for expansion or additional storage. The property includes six designated parking spaces in a rear lot, historically maintained by the city, ensuring convenient parking for employees and clients. Its prime location places it within easy walking distance of the Tibbits Opera House, numerous restaurants, and the bustling "four corners" intersection, guaranteeing high visibility and accessibility for any business. The 0.16-acre lot provides ample space and contributes to the overall value of this exceptional commercial property. The asking price is $395,000. This is a rare opportunity to acquire a well-established, high-profile commercial building in the heart of Coldwater. Its history, location, and substantial square footage make it an ideal investment for discerning buyers seeking a strong presence in a thriving downtown area.

    Property Features for 62 Chicago St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,600 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Vested Risk Strategies, ... Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Coldwater
    County
    Branch
    State
    Michigan
    Longitude
    -85.00388
    Latitude
    41.94137

    Nearby Similar for Sale

    • $465,000
      7,000 SF

      Versatile Industrial Property on 3.5 Acres

      7,000 sq ft commercial property near Coldwater, Michigan.
      349 S Clay St, Coldwater, MI 49036
      View Details
    • $399,900
      9,704 SF

      Turnkey Metal Fabrication Business Opportunity

      Metal fabrication business with building and equipment for sale in Coldwater.
      169 Industrial Ave, Coldwater, MI 49036
      View Details
    • $875,000
      0.60 Acres

      Elmwood Apartments Multifamily Opportunity

      31-unit complex with rehab potential in Coldwater, Michigan.
      100 Taylor St, Coldwater, MI 49036
      View Details
    • New
      $185,000
      1.30 Acres

      Coldwater Multifamily Property Near Park

      Two-story duplex near Waterworks Park with over one acre lot.
      50 Bennett St, Coldwater, MI 49036
      View Details
    • $795,000
      1,620 SF

      Waterfront Destination with Business and Residence

      Unique waterfront property with store, food, fuel, and residence.
      685 W Channel Dr, Coldwater, MI 49036
      View Details
    • New
      $279,900
      8,473 SF

      Established Gym with Growth Potential

      Branch County gym with active members, tanning rooms, and salon.
      21 Butters Ave, Coldwater, MI 49036
      View Details
    • New
      $189,900
      0.02 Acres

      Apartment House with Garage

      Apartment house with units ready to rent and garage.
      144 W Pearl St, Coldwater, MI 49036
      View Details
    • New
      $65,000
      2,098 SF

      Historic Grange Hall with Potential

      Unique commercial property with original features and many possibilities.
      1008 Marshall Rd, Coldwater, MI 49036
      View Details
    • $110,000
      275 SF

      Compact Commercial Space in Coldwater

      274 SF commercial space, ideal for small business.
      185 S Jefferson St, Coldwater, MI 49036
      View Details
    • $249,900
      2,532 SF

      Coldwater Farmhouse on Spacious Land

      Spacious Coldwater farmhouse on 2.07 acres with modern amenities.
      435 E Girard Rd, Coldwater, MI 49036
      View Details
    • $89,900
      600 SF

      Lakefront Living Park Model

      Well-maintained park model on Randall Lake with dock access.
      631 River Rd, Coldwater, MI 49036
      View Details
    • $60,000

      Well-Maintained Home in Welcoming Community

      Spacious 2-bedroom, 2-bath home with modern updates and community amenities.
      175 N Michigan Ave, Coldwater, MI 49036
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Downtown Coldwater Office Building - 7,200 SF
    Where is this commercial real estate located?
    The property is located at 62 Chicago St Coldwater, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    (517) 321-6373
    Request Owner's contact information
    62 Chicago St Coldwater, MI 49036
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    62 Chicago St
    Coldwater, MI 49036
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    62 Chicago St Coldwater, MI 49036
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.