Waterfront Wellness and Coworking
401 Klock Road Unit SourceFi Benton Harbor, MI 49022
401 Klock Road Unit SourceFi, Benton Harbor, MI, 49022
$749,900
For Sale
$749,900
An open-concept waterfront interior includes studio spaces, a built-in cafe/service counter, and integrated co-working solutions.
Property Size3,916 SF
Price / SF$191.50
Days on Market25
Property Features for 401 Klock Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 3,916 SF
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 1956
Listing agency
Keller Williams Realty Swm
(269) 449-4198
Listed by
Dan Morissette · License #6501295859
(269) 449-4198
Source
Xome
Added: Jun 27 Updated: Jul 21 at 12:34PM Checked: Jul 21 at 12:34PM
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 Keller Williams Realty Swm
Investment Insights
Based on property information with market context.
This waterfront commercial property offers an open-concept layout designed to support wellness-oriented operations and collaborative work. Interior features include dedicated studio spaces, a built-in cafe/service counter area, and integrated co-working solutions. Large windows throughout help frame water views and bring in natural light. The property also includes a large-scale solar array.
The location sits directly along the Paw Paw River. The property is described as being across from Jean Klock Park and positioned just off Blue Star Highway.
Overall, the configuration combines shared open areas with separate studio spaces, supported by on-site service counter functionality and energy generation via solar.
The location sits directly along the Paw Paw River. The property is described as being across from Jean Klock Park and positioned just off Blue Star Highway.
Overall, the configuration combines shared open areas with separate studio spaces, supported by on-site service counter functionality and energy generation via solar.
Key Highlights
- Waterfront along the Paw Paw River with expansive windows offering water views
- Across Blue Star Highway from Jean Klock Park
- Open‑concept interior with dedicated studio spaces
Local Financial Insights For Office B
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 | $66.7k | $17.04 |
| − Vacancy | −$9.2k | −$2.35 |
| EGI | $57.5k | $14.69 |
| − OpEx | −$14.4k | −$3.67 |
| NOI | $43.1k | $11.02 |
3,916 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$616.3K
$539.3K – $719.0K
NOI $43,140 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$824.0K
$721.0K – $961.4K
NOI $57,682 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Living in Sinew
Gym & Fitness Center
The Collective
Gym & Fitness Center
Rebel Cafe
Cafe & Coffee Shop
Yoga Muse
Gym & Fitness Center
The River Collective
Gym & Fitness Center
Similar For Sale Nearby
FAQs
What type of property is this?
Spa & wellness property - An open-concept waterfront interior includes studio spaces, a built-in cafe/service counter, and integrated co-working solutions.
Where is this spa & wellness property located?
The property is located at 401 Klock Road Unit SourceFi Benton Harbor, MI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Waterfront along the Paw Paw River with expansive windows offering water views; Across Blue Star Highway from Jean Klock Park; Open‑concept interior with dedicated studio spaces
