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Mixed-Use Building with Apartment
New
For Sale
$310,000

113 Portage Avenue, Three Rivers, MI 49093

Commercial Sale, Three Rivers, MI

Property Size3,947 SF
Lot Size0.19 Acres
Price / SF$78.54
Days on Market2

Property Features for 113 Portage Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bathroom 1
Parking 4
Interior features Broadband
Elementary school district Three Rivers
Middle school district Three Rivers
High school district Three Rivers
Directions From US 131, follow business loop to Portage Ave. Located at the end of the Downtown block on Portage
Standard status Active
APN 75 051 156 014 15
Size 3,947 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description COM NW COR LOT 10 BLK 49 3/4 ANDREWS PLAT OF PORTAGE ADDITION CITY OF THREE RIVERS TH SWLY ALG PENN ST (N/K/A PORTAGE AV
Tax Annual Amount 5339
Legal Description COM NW COR LOT 10 BLK 49 3/4 ANDREWS PLAT OF PORTAGE ADDITION CITY OF THREE RIVERS TH SWLY ALG PENN ST (N/K/A PORTAGE AV

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1902
Floors in Building 2
Number of units 2
Building materials Brick, Stone
Roof type Rubber
Listing Agency: HG Real Estate
Listed By: Garrett Hall · License #6502432494
Added: Sep 24 Changed: Sep 25 Last Checked: Sep 25 at 10:06PM
MLS# 26051227

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 3,947-square-foot mixed-use property combines commercial space with a one-bedroom, one-bathroom apartment on an upper level. The main floor is arranged with a check-in counter, retail area, storage, and private office, and can be divided into two storefronts. Parts of the second and third floors are prepared for renovation.

Improvements include replacement sewer lines, updated flooring and paint in the main-floor area and apartment, new main-level HVAC, and a mini-split serving the apartment. Built in 1902, the brick-and-stone building sits on a 0.19-acre parcel and includes broadband and cable availability.

Key Highlights

  • 3,947‑square‑foot mixed‑use property on a 0.19‑acre lot
  • Main floor can be reconfigured as two storefronts
  • Upper‑level apartment has one bedroom and one bathroom

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
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?
Mixed-use property - The ground-level commercial area supports retail or office use, with an existing check-in, storage, and private-office layout.
Where is this mixed-use property located?
The property is located at 113 Portage Avenue 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 property on a 0.19‑acre lot; Main floor can be reconfigured as two storefronts; Upper‑level apartment has one bedroom and one bathroom
More about this property
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