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    116 Spencer Rd Cassopolis, MI 49031

    For Sale
    $179,900

    Updated commercial building with parking and storage near downtown.

    Lot size:
    0.34 Acres

    Property Features for 116 Spencer Rd

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1960

    Source: Cressy & Everett Real Estate Agent Shirley Behm

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in Cassopolis

    This commercial building is located in Cassopolis and offers an updated space suitable for business or commercial use. The property includes a parking lot with 11 spaces, as well as additional off-road parking. The building features a newer roof, a restroom, a mechanical room, and a separate 200-square-foot storage space. It is situated within walking distance of downtown Cassopolis.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cassopolis
    County
    Cass
    State
    Michigan
    Longitude
    -85.999696
    Latitude
    41.911026

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    FAQs

    What type of property is this?
    Storefront property - Updated commercial building with parking and storage near downtown.
    Where is this storefront property located?
    The property is located at 116 Spencer Rd Cassopolis, MI.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Last available commercial space in Cassopolis.; - **Updated commercial building ready for immediate occupancy.**; - Dedicated parking lot with 11 spaces plus additional off-road parking.
    (269) 535-1021
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    116 Spencer Rd Cassopolis, MI 49031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Spencer Rd Cassopolis, MI 49031
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