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Mixed-Use Property with Retail Space
New
For Sale
$1,975,000

208 S Elm St, Three Oaks, MI 49128

Retail, residential, and storage components are combined with additional land for parking or future expansion.

Property SizeContact for details
Days on Market3

Property Features for 208 S Elm St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Frontage 132 ft

Taxes and HOA fees

Annual Taxes $8,499

Building Details

Year Built 1900
Buildings 3
Units 9
Listing Agency:
Listed By: ChooseChad Team
Source: Elliman
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 10:13AM

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 ChooseChad Team

Investment Insights

Based on property information with market context.

This mixed-use property combines more than 15,000 square feet of occupied retail space beneath one roof, with a restaurant, fitness center, and retail shop. The commercial building includes 132 feet of frontage on US-12. The offering also includes a 4,400-square-foot updated residence facing South Elm Street, configured with a 3,700-square-foot main house and a 700-square-foot attached apartment. The apartment supports short- or long-term rental use or a live/work arrangement. A separate 1,400-square-foot storage building adds further utility.

An adjacent 1.54-acre parcel contributes another 82 feet of US-12 frontage and is included in the sale rather than offered separately. The property is in Three Oaks, a tourist-oriented community approximately just over an hour from Chicago and 45 minutes from South Bend/Notre Dame. The improvements date to 1900, and the package includes two tax identification numbers covering the commercial, residential, and vacant-land components.

Key Highlights

  • >15,000 sf of occupied retail space under one roof
  • Restaurant, fitness center, and retail shop included
  • 132' of frontage on US‑12

Property Analytics

Current Use

Precision Plastics Factory

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Law Firm Bakery Grocery & Convenience Store Pharmacy

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

212
Businesses Nearby

Demographics for 49128, MI

3,448
Population
1,929
Households
1.8
Avg Household Size
52
Median Age
24%
College-Educated
94%
High-School Grad
43.7 sq mi
ZIP Area
79
Density / Sq Mi
$73,023
Median Household Income
$41,460
Median Earnings
$984
Median Rent
$247,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail, residential, and storage components are combined with additional land for parking or future expansion.
Where is this mixed-use property located?
The property is located at 208 S Elm St Three Oaks, MI.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: >15,000 sf of occupied retail space under one roof; Restaurant, fitness center, and retail shop included; 132' of frontage on US‑12
More about this property
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