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Mixed-Use Building with Apartments
For Sale
Contact for pricing
Pending

320 State Street, St Joseph, MI 49085

Retail occupancy on the main floor complements upper-level apartments and basement storage.

Property SizeContact for details
Days on Market142

Property Features for 320 State Street

General Information

Standard status Pending
Property subtype Retail

Additional Details

Corner Location Yes
Multifamily Units 7

Building Details

Buildings 1
Stories 3
Listing Agency: Evergreen Real Estate
Listed By: Kerry Wright · License #MI 6502369907
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:09PM

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 Evergreen Real Estate

Investment Insights

Based on property information with market context.

This mixed-use building combines a 2,553-square-foot main-floor commercial space with seven individual apartments across the second and third floors. The main level is leased to Jimmy John's, whose business is excluded from the sale. Several apartments have views toward Lake Michigan, and the property includes a full basement providing additional storage.

The building is located at 320 State Street in downtown St. Joseph, near Lakeland Spectrum Hospital, Silver Beach, Harbor Shores, Whirlpool’s downtown campus, the arts district, and other downtown businesses. The upper-floor residential component has an established rental history, while the commercial and apartment layout creates a combination of retail and residential occupancy within one building.

Key Highlights

  • 2,553‑square‑foot main‑floor commercial space leased to Jimmy John's
  • Seven individual apartments occupy the second and third floors
  • Several apartments offer views toward Lake Michigan

Property Analytics

Current Use

Jimmy John's Take-out & Catering

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Dental Office Barber Shop Furniture & Home Goods 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

7
Residential units

Location Intelligence

Trade Area within ½ mile

838
Businesses Nearby

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

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 occupancy on the main floor complements upper-level apartments and basement storage.
Where is this mixed-use property located?
The property is located at 320 State Street St Joseph, MI.
What are key features of this property?
This property features: 2,553‑square‑foot main‑floor commercial space leased to Jimmy John's; Seven individual apartments occupy the second and third floors; Several apartments offer views toward Lake Michigan
(269) 369-4640 Call to check price and availability
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