Retail Space with Side
For Sale
$399,000
425 S Whittaker Street, New Buffalo, MI 49117
Commercial Sale, New Buffalo, MI
Property Size1,475 SF
Lot Size0.13 Acres
Price / SF$270.51
Days on Market57
Property Features for 425 S Whittaker Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Interior features
Broadband
Elementary school district
New Buffalo
Middle school district
New Buffalo
High school district
New Buffalo
Directions
Exit 1 - Harbor Country Road from Hwy 94 towards downtown New Buffalo.
Standard status
Active
APN
116249000115010
Size
1,475 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SPLIT/COMBINED ON 12/20/2022 FROM 62-4900-0115-00-8, 62-4900-0116-00-4; LOT 8 & PT OF LOT 9 BLK 6 MARQUETTE SUB OF ENTIR
Tax Annual Amount
3580
Legal Description
SPLIT/COMBINED ON 12/20/2022 FROM 62-4900-0115-00-8, 62-4900-0116-00-4; LOT 8 & PT OF LOT 9 BLK 6 MARQUETTE SUB OF ENTIR
Utilities
Utilities
Phone Available
Heating system
Forced Air
Cooling system
Central Air
Amenities
private side patio
large lot offering room for expansion or building garage
lighted signage available
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Building materials
Block
Roof type
Rubber
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(269) 469-3950
Listed By:
Taylor Lindstrom
(847) 404-8900
Added: Sep 3
Changed: Oct 12
Last Checked: Oct 29 at 6:06PM
MLS# 26048270
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,475-square-foot retail property at 425 S Whittaker Street has an open interior, 20-foot ceilings and double doors leading to a private side patio. The space can be subdivided. The 0.13-acre parcel also includes rear access from a vacated alley, which could be paved. Building features include central air conditioning, forced-air heat and broadband availability.
The property is in New Buffalo, minutes from the beach, marina, shops and restaurants. Lighted signage is available.
The property is in New Buffalo, minutes from the beach, marina, shops and restaurants. Lighted signage is available.
Key Highlights
- 1,475 square feet with an open floor plan and 20‑foot ceilings
- 0.13‑acre parcel with rear access from a vacated alley
- Double doors connect the interior to a private side patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,312
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,240
$306.2K
Cap Rate 7%
$218,743
$218.7K
Cap Rate 9%
$170,133
$170.1K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$22.8K $15.48/SF
− Vacancy
−$959 −$0.65/SF
EGI
$21.9K $14.83/SF
− OpEx
−$6.6K −$4.45/SF
NOI
$15.3K $10.38/SF
Area
Berrien County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,240
Cap Rate 7%
$218,743
Cap Rate 9%
$170,133
Alternative Uses
Best Use
Retail
$218.7K
$191.4K – $255.2K
NOI $15,312 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$310.4K
$271.6K – $362.1K
NOI $21,727 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 49117, MI
3,710
Population
3,790
Households
1
Avg Household Size
54
Median Age
46%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
195
Density / Sq Mi
$75,268
Median Household Income
$48,056
Median Earnings
$749
Median Rent
$448,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - An open floor plan allows for subdivision, with double doors connecting the interior to a private patio.
Where is this retail space located?
The property is located at 425 S Whittaker Street New Buffalo, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1,475 square feet with an open floor plan and 20‑foot ceilings; 0.13‑acre parcel with rear access from a vacated alley; Double doors connect the interior to a private side patio
