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Three-Level Mixed-Use Building
For Sale
$229,900

42 W Chicago St, Coldwater, MI 49036

Downtown building combines a rented retail area with existing and partially prepared apartment space.

Property Size5,040 SF
Price / SF$45.62
Days on Market41

Property Features for 42 W Chicago St

General Information

Standard status Active
Size 5,040 SF

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Additional Details

Sprinkler System Yes

Building Details

Year Built 1940
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Heritage Realty, Inc.
Listed By: Jeanni Lint-Adamson
Source: Katie-k
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 4:57AM

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 Heritage Realty, Inc.

Investment Insights

Based on property information with market context.

This 5,040-square-foot mixed-use building, constructed in 1940, offers three levels with both commercial and residential components. The main floor is occupied by a store area, while the top floor contains a two-bedroom apartment. The second floor includes most materials needed for a two-bedroom apartment, providing an additional residential configuration within the building.

Located at 42 W Chicago St in downtown Coldwater, the property includes a full sprinkler system. Its combination of retail space and apartment areas creates a varied layout across the building’s three floors.

Key Highlights

  • 5,040‑square‑foot mixed‑use building constructed in 1940
  • Three‑level configuration at 42 W Chicago St, Coldwater, MI 49036
  • Main level currently rented for store area

Property Analytics

Current Use

Safe Haven thirft ... Charitable Organization Branch Pride Association Or Organization Pavlov & Associates Accounting Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cafe & Coffee Shop HVAC Service Acupuncture Daycare Center Gym & Fitness 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

1
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
5,704 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
2,735 visits/mo 0.2 miles
Jackson Hewitt Tax Service Shops & Services
1,132 visits/mo 0.3 miles

Demographics for 49036, MI

24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown building combines a rented retail area with existing and partially prepared apartment space.
Where is this mixed-use property located?
The property is located at 42 W Chicago St Coldwater, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 5,040‑square‑foot mixed‑use building constructed in 1940; Three‑level configuration at 42 W Chicago St, Coldwater, MI 49036; Main level currently rented for store area
More about this property
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