Former Bank Facility in
For Sale
$295,000
116 S Broadway St, Cassopolis, MI 49031
Two-building former bank facility with drive-thru on 0.85 acres.
Property Size8,048 SF
Lot Size0.85 Acres
Price / SF$36.66
Days on Market150
Property Features for 116 S Broadway St
General Information
Standard status
Active
Size
8,048 SF
Lot size
0.85 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,164
Building Details
Year Built
1900
Units
1
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Jodi K Milks · License #6506044331
Source:
Elliman
Added: Mar 24
Changed: Aug 14
Last Checked: Aug 20 at 10:49AM
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 NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
Available for sale is an 8,048 square foot former bank facility in downtown Cassopolis, Michigan. The property includes a 4,512 square foot, two-story building with a basement, a 3,536 square foot, one-story building with a basement, and a two-lane, freestanding drive-thru. Constructed in the early 1900s and renovated in the 1990s, the existing floor plan features a large lobby/customer service area, multiple private offices on both floors, a break room, and two bank vaults. The property is situated on an approximately 0.85-acre parcel, consisting of four parcels, with approximately 81 feet of frontage on S. Broadway St./M-62 Hwy and approximately 173 feet of frontage on W. State St. It includes a rear parking lot with 25+ spaces, adjacent green space, two pylon signs, and delivery access via a rear alley. The site is centrally located in the Village of Cassopolis and is zoned C-3, Central Business District, allowing for a wide variety of uses. Area tenants include Wagner Family Funeral Home, Auto Value, True Value Hardware, Marathon Gas, and Biggby Coffee.
Key Highlights
- Prime downtown Cassopolis location with high visibility on S. Broadway St./M‑62 Hwy. and W. State St.
- Large 0.85‑acre parcel with ample parking (25+ spaces) and green space.
- Versatile C‑3 zoning allows for a wide variety of business uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 22%
Home Improvements & Furnishings 5%
McDonald's
Dining
14,475 visits/mo
0.5 miles
Marathon Petroleum
Shops & Services
5,783 visits/mo
0.3 miles
BIGGBY COFFEE
Dining
4,822 visits/mo
0.1 miles
Hayden & Sons True Value Hardware
Home Improvements & Furnishings
1,242 visits/mo
0.1 miles
Demographics for 49031, MI
7,728
Population
4,238
Households
1.8
Avg Household Size
47
Median Age
29%
College-Educated
92%
High-School Grad
113.2 sq mi
ZIP Area
68
Density / Sq Mi
$70,369
Median Household Income
$41,865
Median Earnings
$847
Median Rent
$217,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Two-building former bank facility with drive-thru on 0.85 acres.
Where is this bank located?
The property is located at 116 S Broadway St Cassopolis, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Prime downtown Cassopolis location with high visibility on S. Broadway St./M‑62 Hwy. and W. State St.; Large 0.85‑acre parcel with ample parking (25+ spaces) and green space.; Versatile C‑3 zoning allows for a wide variety of business uses.
