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Mixed-Use Building with Storefronts
For Sale
$310,000

113 Portage Ave, Three Rivers, MI 49093

A renovated one-bedroom apartment upstairs adds a residential component to the commercial space.

Property Size3,947 SF
Price / SF$78.54
Days on Market17

Property Features for 113 Portage Ave

General Information

Standard status Active
Size 3,947 SF
Property subtype Commercial

Building Details

Year Built 1902
Buildings 1
Listing Agency: HG Real Estate
Listed By: Garrett Hall · License #6502432494
Source: Vmrealestatemichigan
Added: Sep 20 Changed: Oct 1 Last Checked: Oct 5 at 7:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HG Real Estate

Investment Insights

Based on property information with market context.

This 3,947-square-foot mixed-use building, constructed in 1902, combines commercial space with a renovated one-bedroom, one-bathroom apartment. The main floor is currently arranged for retail or office use, with a check-in counter, retail area, storage, and a private office; it can also be configured as two storefronts. The apartment has new flooring and paint, along with a mini-split system.

Recent work also includes new sewer lines, new flooring and paint on the main floor, and a new HVAC system serving that level. The apartment is currently operated as a short-term rental. Together, the building’s commercial layout and existing residential unit offer distinct spaces within one property.

Key Highlights

  • 3,947‑square‑foot mixed‑use building constructed in 1902
  • Main floor can be divided into two storefronts
  • Commercial layout includes retail area, storage, check‑in counter, and private office

Property Analytics

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Current Use

St Joseph County ... Association / Organization Daly Dope (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Parking Lot & Garage Dental Office Kitchen & Bath Showroom Hair Salon

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

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

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
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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?
Mixed-use property - A renovated one-bedroom apartment upstairs adds a residential component to the commercial space.
Where is this mixed-use property located?
The property is located at 113 Portage Ave Three Rivers, MI.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 3,947‑square‑foot mixed‑use building constructed in 1902; Main floor can be divided into two storefronts; Commercial layout includes retail area, storage, check‑in counter, and private office
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