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Historic 4-Unit Building
New
For Sale
$99,000

304 S Oak Street, Buchanan, MI 49107

Commercial Sale, Buchanan, MI

Property SizeContact for details
Lot Size0.28 Acres
Days on Market2

Property Features for 304 S Oak Street

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district Buchanan
Middle school district Buchanan
High school district Buchanan
Directions Front St to Oak St. Go South on Oak St to property on the right hand side. Corner of Oak St and Chicago St
Standard status Active
APN 11-58-1500-0009-00-5
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description THE E 94' OF LOTS 9 & 10 A C DAYS ADD TO BUCHANAN
Tax Annual Amount 3225
Legal Description THE E 94' OF LOTS 9 & 10 A C DAYS ADD TO BUCHANAN

Utilities

Utilities Natural Gas Available

Building Details

Year built 1875
Floors in Building 2
Number of units 1
Building materials Stucco, Brick
Roof type Composition
Listing Agency: Ellsbury Group
Listed By: Jason Stroud Team · License #6506038449
Added: Oct 9 Last Checked: Oct 10 at 9:06PM
MLS# 26054073

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.

Built in 1875, this four-unit property stands on a 0.28-acre corner lot at 304 S. Oak Street in Buchanan. The building is listed on the National Register of Historic Places and has separate entrances. Its exterior includes brick and stucco, with the brick described as being in good condition; the roof is newer. Significant disrepair and extensive interior rehabilitation are part of the property’s current condition.

The property is along a local walking trail, one block from Buchanan Common, and close to downtown shops, dining, and community events. Natural gas is available. Any restoration, demolition, or redevelopment plans are subject to verification of applicable requirements and approvals. Access requires caution, and the listing agent must be present.

Key Highlights

  • Four‑unit building on a 0.28‑acre corner lot
  • Built in 1875 and listed on the National Register of Historic Places
  • Separate entrances serve the building

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Spa & Massage Center (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods

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

300
Businesses Nearby

Demographics for 49107, MI

10,066
Population
5,096
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
66.3 sq mi
ZIP Area
152
Density / Sq Mi
$65,118
Median Household Income
$35,223
Median Earnings
$987
Median Rent
$174,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - A National Register-listed property with separate entrances requires extensive rehabilitation and is offered in its current condition.
Where is this quadplex located?
The property is located at 304 S Oak Street Buchanan, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Four‑unit building on a 0.28‑acre corner lot; Built in 1875 and listed on the National Register of Historic Places; Separate entrances serve the building
More about this property
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