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Main Street Auto Shop
For Sale
$330,000

1467 Main Street, St Joseph, MI 49085

Commercial Sale, St. Joseph, MI

Property Size1,175 SF
Lot Size0.14 Acres
Price / SF$280.85
Days on Market111

Property Features for 1467 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Interior features Broadband
Elementary school district St. Joseph
Middle school district St. Joseph
High school district St. Joseph
Standard status Active
APN 11-76-1650-0001-00-5
Size 1,175 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS 1 & 2 DUNCANS ADD TO CITY OF ST JOSEPH EXC E 60' THEREOF
Tax Annual Amount 2550
Legal Description LOTS 1 & 2 DUNCANS ADD TO CITY OF ST JOSEPH EXC E 60' THEREOF

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Building materials Wood Siding, Stone
Roof type Rubber
Listing Agency: Realty Executives Instant Equity · Realty Executives International
Listed By: Anthony F Clark
Added: Jun 18 Changed: Sep 7 Last Checked: Oct 6 at 4:06AM
MLS# 26030451

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 1,175-square-foot automotive property occupies a 0.14-acre parcel on Main Street in St. Joseph. The building dates to 1950 and includes a bathroom, central air conditioning, forced-air heating, rubber roofing, and a combination of wood siding and stone construction. Broadband is available, along with cable service.

The property is currently operated as Hardin's Auto Repair and Car Rental. Its location is a couple of blocks from downtown St. Joseph and the area's beaches, placing an established automotive use near prominent local destinations.

Key Highlights

  • 1,175‑square‑foot automotive property on a 0.14‑acre parcel
  • Located at 1467 Main Street in St. Joseph, MI 49085
  • Current operation includes auto repair and car rental

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,198
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,960 $244.0K
Cap Rate 7%
$174,257 $174.3K
Cap Rate 9%
$135,533 $135.5K
Market Conditions
NOI Build-Up for 1,175 SF
Gross rent
$18.2K $15.48/SF
− Vacancy
−$764 −$0.65/SF
EGI
$17.4K $14.83/SF
− OpEx
−$5.2K −$4.45/SF
NOI
$12.2K $10.38/SF
Area
Berrien County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,960
Cap Rate 7%
$174,257
Cap Rate 9%
$135,533

Alternative Uses

Best Use
Retail
$174.3K
$152.5K – $203.3K (±1% cap)
NOI $12,198 @ 7.0% cap · market cap 3.70%
Second Best
Industrial
$75.0K
$65.6K – $87.5K (±1% cap)
NOI $5,249 @ 7.0% cap · market cap 1.59%
Theoretical Best
Office A
$247.3K
$216.4K – $288.5K (±1% cap)
NOI $17,308 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Hardin's Auto Service Car Rental Facility Hardin's Auto Rental, ... Car Rental Facility Penske Truck Rental Car Rental Facility

Suggested Use

Top Pick Daycare Center Bakery Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Garden Center

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
Paved road access

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49085, MI

24,047
Population
11,468
Households
2.1
Avg Household Size
44
Median Age
49%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
998
Density / Sq Mi
$101,763
Median Household Income
$58,316
Median Earnings
$1,099
Median Rent
$287,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Le Roys of St Joe — 2504 Pixley Ave, St Joseph, MI 49085
  • First Choice Auto Glass Center — St Joseph, MI 49085
  • Hardin's Auto Service — 1467 main st, st joseph, mi 49085
  • Zielke's — 1207 Broad St, St Joseph, MI 49085

Frequently Asked Questions

What type of property is this?
Auto shop - Established automotive property with central air, forced-air heat, and a separate bathroom.
Where is this auto shop located?
The property is located at 1467 Main Street St Joseph, MI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1,175‑square‑foot automotive property on a 0.14‑acre parcel; Located at 1467 Main Street in St. Joseph, MI 49085; Current operation includes auto repair and car rental
More about this property
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