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Bank Facility With Drive-Through
New
For Sale
$295,000

116 S Broadway Street, Cassopolis, MI 49031

Two buildings offer offices, vaults, customer-service areas, and a freestanding drive-through configuration.

Property Size8,048 SF
Lot Size0.85 Acres
Price / SF$36.66
Days on Market3

Property Features for 116 S Broadway Street

General Information

Standard status Active
Size 8,048 SF
Total Parking Spaces 25
Lot size 0.85 Acres
Property subtype Commercial
Zoning C-3

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $10,164

Building Details

Building Size 8,048 SF
Year Built 1900
Buildings 3
Stories 8048
Units 1
Listing Agency: NAI Wisinski of West Michigan
Listed By: Jodi K Milks · License #6502339107
Source: Buyatthelake
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 8 at 11:20AM

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.

This 8,048 SF former bank facility includes two separate buildings and a freestanding, 2-lane drive-through. The larger structure contains 4,512 SF across two stories with a basement, while the second provides 3,536 SF on one level with basement space. Interior improvements include a substantial lobby and customer-service area, multiple private offices, a break room, and two bank vaults. The property was constructed in the early 1900s and renovated in the 1990s.

The approximately 0.85-acre site consists of four parcels with about 81 feet of frontage on S. Broadway Street/M-62 Hwy. and approximately 173 feet along W. State Street. A rear lot provides 25+ parking spaces and adjacent green space, with delivery access from the rear alley. Two pylon signs are also included. The property is zoned C-3 within Cassopolis’ Central Business District and is near Wagner Family Funeral Home, Auto Value, True Value Hardware, Marathon Gas, and Biggby Coffee.

Key Highlights

  • 8,048 SF former bank facility on approximately 0.85 acres
  • 4,512 SF, 2‑story building with basement plus a 3,536 SF, 1‑story building with basement
  • Freestanding 2‑lane drive‑thru

Property Analytics

Current Use

ATM (Fifth Third ... Atm

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Nail Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Two buildings offer offices, vaults, customer-service areas, and a freestanding drive-through configuration.
Where is this bank located?
The property is located at 116 S Broadway Street 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: 8,048 SF former bank facility on approximately 0.85 acres; 4,512 SF, 2‑story building with basement plus a 3,536 SF, 1‑story building with basement; Freestanding 2‑lane drive‑thru
More about this property
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