Two-Level Office
For Sale
$549,900
50744 25th Street, Mattawan, MI 49071
Commercial Sale, Mattawan, MI
Property Size3,970 SF
Lot Size1.85 Acres
Price / SF$138.51
Days on Market137
Property Features for 50744 25th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
GC
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
20
Elementary school district
Mattawan
Middle school district
Mattawan
High school district
Mattawan
Directions
From I-94 exit 66 (Mattawan), north on Main St, west on Red Arrow, south on 25th Street
Standard status
Active
APN
800200204921
Size
3,970 SF
Lot size
1.85 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
see attached
Tax Annual Amount
8602
Legal Description
see attached
Utilities
Utilities
Phone Available
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Year built
1999
Floors in Building
2
Number of units
1
Building materials
Vinyl Siding
Listing Agency:
O'Brien Real Estate
(269) 381-6470
Listed By:
Pat O'Brien · License #6502102326
(330) 448-8343
Added: Jun 2
Changed: Oct 8
Last Checked: Oct 16 at 7:06PM
MLS# 26026435
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.
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Investment Insights
Based on property information with market context.
This 3,970-square-foot office property is arranged across upper and lower levels, with 2,170 square feet upstairs and 1,800 square feet below. The property supports professional office, creative office, and artist studio uses, with car sales also identified among the possible applications. Built in 1999, the building features vinyl siding, forced-air heat, central air, one bathroom, and phone availability.
The 1.85-acre property is positioned along the Red Arrow Highway corridor in Mattawan’s commercial area, with convenient access to I-94. Water is supplied by a well and wastewater is handled by a septic tank. Its two-level layout and commercial setting provide a practical basis for office or studio operations.
The 1.85-acre property is positioned along the Red Arrow Highway corridor in Mattawan’s commercial area, with convenient access to I-94. Water is supplied by a well and wastewater is handled by a septic tank. Its two-level layout and commercial setting provide a practical basis for office or studio operations.
Key Highlights
- 3,970 square feet on 1.85 acres
- Upper level measures 2170 sf; lower level measures 1800 sf
- Commercial setting along the Red Arrow Highway corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,691
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,820
$813.8K
Cap Rate 7%
$581,300
$581.3K
Cap Rate 9%
$452,122
$452.1K
Market Conditions
NOI Build-Up for 3,970 SF
Gross rent
$67.6K $17.04/SF
− Vacancy
−$13.4K −$3.37/SF
EGI
$54.3K $13.67/SF
− OpEx
−$13.6K −$3.42/SF
NOI
$40.7K $10.25/SF
Area
Van Buren County, MI
Vacancy
19.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,820
Cap Rate 7%
$581,300
Cap Rate 9%
$452,122
Alternative Uses
Best Use
Office B
$581.3K
$508.6K – $678.2K
NOI $40,691 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$49.09M
$42.95M – $57.27M
NOI $3,436,186 @ 7.0% cap · market cap 624.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Explore this area
Business Placement
Demographics for 49071, MI
10,748
Population
4,415
Households
2.4
Avg Household Size
40
Median Age
40%
College-Educated
97%
High-School Grad
29.4 sq mi
ZIP Area
366
Density / Sq Mi
$105,779
Median Household Income
$48,494
Median Earnings
$1,161
Median Rent
$261,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Commercial office property supporting professional, creative, and studio-oriented uses in a high-traffic corridor.
Where is this office units located?
The property is located at 50744 25th Street Mattawan, MI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 3,970 square feet on 1.85 acres; Upper level measures 2170 sf; lower level measures 1800 sf; Commercial setting along the Red Arrow Highway corridor
