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    54474 M 51 N Dowagiac, MI 49047

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    For Sale
    $125,000

    Mixed-use property with storefront, apartment, and additional building.

    Lot size:
    1.94 Acres

    Property Features for 54474 M 51 N

    General Information

    Lot size
    1.94 Acres

    Building Details

    Year built
    1900

    Source: Cressy & Everett Real Estate Agent Browning Chabot

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

    Overview

    Versatile Commercial/Residential Property on Acres

    This property offers a versatile commercial and residential opportunity on nearly 2 acres. The first building, just under 2,500 square feet, features a storefront with visibility and a 2-bedroom, 1-bath apartment. This setup is suitable for rental income or live-work arrangements. The second building is a solid block structure measuring 60x35 feet and includes a 10-foot overhead door, making it suitable for storage, workshop space, or business operations. The property's zoning and available space allow for expansion, making it potentially suitable for entrepreneurs, investors, or those seeking a mixed-use setup.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dowagiac
    County
    Cass
    State
    Michigan
    Longitude
    -86.10758
    Latitude
    42.00561

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with storefront, apartment, and additional building.
    Where is this mixed-use property located?
    The property is located at 54474 M 51 N Dowagiac, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Versatile commercial/residential property on nearly 2 acres; - **Storefront with great visibility** plus a 2-bedroom, 1-bath apartment (rental income/live-work); - Second building: 60x35 solid block structure with 10' overhead door
    (269) 369-5569
    Request Owner's contact information
    54474 M 51 N Dowagiac, MI 49047
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    Dowagiac, MI 49047
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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
    54474 M 51 N Dowagiac, MI 49047
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