310 US 131, Three Rivers, MI 49093
Two-unit retail storefront with high exposure and corner lot.
- Added:
- Mar 11, 2026
- Days on Market:
- 118
- Last Refresh:
- Apr 5 at 8:30 pm
Property Features for 310 US 131
General Information
- Standard status
- Active
- Size
- 2,310 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2010
Listing office Berkshire Hathaway HomeServices Michigan Real Estate (269) 432-3430
Listing date Mar 11, 2026
Source Exitrealty
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 Berkshire Hathaway HomeServices Michigan Real Estate
HighLights
- High exposure on US 131
- 2‑unit retail storefront
- Corner lot provides excellent visibility
- Parking access from both streets
- Both units currently occupied, offering immediate income
- Offered as a bundle sale with properties at 15557 Millard and 15571 Millard
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.8k | $15.48 |
| − Vacancy | −$1.5k | −$0.65 |
| EGI | $34.3k | $14.83 |
| − OpEx | −$10.3k | −$4.45 |
| NOI | $24.0k | $10.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Three Rivers
- County
- St. Joseph
- State
- Michigan
- Longitude
- -85.6347
- Latitude
- 41.9493
