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Bank Building with Drive-Through
For Sale
$295,000

116 S Broadway Street, Cassopolis, MI 49031

COMMERCIAL - Cassopolis, MI

Property Size8,048 SF
Lot Size0.85 Acres
Price / SF$36.66
Days on Market291

Property Features for 116 S Broadway Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-3
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Basement, Bathroom 4, Bathroom 2, Bathroom 1
Parking 25
Interior features Broadband
Elementary school district Cassopolis
Middle school district Cassopolis
High school district Cassopolis
Directions SW corner of S. Broadway St./M-60 and W. State St. in downtown Cassopolis.
Subdivision Greater Kalamazoo - K
Standard status Active
APN 14-041-121-004-00
Size 8,048 SF
Lot size 0.85 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Attached
Tax Annual Amount 10164
Legal Description Attached

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Number of units 1
Building materials Brick
Roof type Rubber
Listing Agency: NAI Wisinski of West Michigan
Listed By: Jodi K Milks · License #6502339107
Added: Oct 30, 2025 Changed: Aug 4 Last Checked: Aug 16 at 8:06AM
MLS# 25062950

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 8,048-square-foot bank facility combines a 4,512-square-foot, two-story building with basement space and a 3,536-square-foot, single-story building with basement space. The 1900 construction was renovated in the 1990s. Interior improvements include a substantial lobby and customer service area, private offices across both floors, a break room, and two bank vaults. A separate two-lane drive-through complements the buildings, while brick construction, forced-air heating, central air, a rubber roof, and broadband are also in place.

The property occupies approximately 0.85 acres across four parcels in downtown Cassopolis. It provides approximately 81 feet along S. Broadway Street/M-62 Hwy. and approximately 173 feet along W. State Street. The rear parking area includes 25+ spaces, adjacent green space, two pylon signs, and delivery access through the rear alley. C-3 zoning designates the site as a Central Business District, and nearby tenants include Wagner Family Funeral Home, Auto Value, True Value Hardware, Marathon Gas, and Biggby Coffee.

Key Highlights

  • 8,048 SF facility across 4,512 SF and 3,536 SF buildings
  • Two‑lane freestanding drive‑thru
  • Approximately 0.85 acres across 4 parcels

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.

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 41% Home Improvements & Furnishings 10%
Marathon Petroleum Shops & Services
5,783 visits/mo 0.1 miles
BIGGBY COFFEE Dining
4,822 visits/mo 0.3 miles
Hayden & Sons True Value Hardware Home Improvements & Furnishings
1,242 visits/mo 0.2 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - C-3-zoned bank property with offices, vaults, basement areas, parking, and access from two streets.
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 facility across 4,512 SF and 3,536 SF buildings; Two‑lane freestanding drive‑thru; Approximately 0.85 acres across 4 parcels
More about this property
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