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Mixed-Use Property with Workshop
For Sale
$99,000

54474 M 51 N, Dowagiac, MI 49047

Two buildings combine commercial frontage, residential space, and dedicated storage or operational capacity.

Property Size4,236 SF
Price / SF$23.37
Days on Market347

Property Features for 54474 M 51 N

General Information

Standard status Active
Size 4,236 SF
Property subtype Business Opportunity
Lease Term Cash

Taxes and HOA fees

Annual Taxes $1,135

Building Details

Building Size 4,236 SF
Year Built 1900
Buildings 2
Units 1
Listing Agency: Cressy & Everett Real Estate
Listed By: Browning Chabot
Source: Sabudarealty
Added: Aug 27, 2025 Changed: Aug 6 Last Checked: Aug 8 at 12:21PM

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 Cressy & Everett Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property includes 4,236 square feet across two buildings on nearly 2 acres. The primary structure pairs a storefront with a two-bedroom, one-bath apartment, creating a combined commercial and residential configuration. Built in 1900, the property can support live-work use or separate income-producing functions.

A second solid-block building measures 60 by 35 feet and includes a 10-foot overhead door. Its layout provides enclosed capacity for storage, workshop activity, or business operations. The property is located at 54474 M 51 N in Silver Creek Township, Michigan, with the two-building arrangement offering distinct spaces for commercial and residential purposes.

Key Highlights

  • 4,236 square feet across two buildings
  • Nearly 2 acres of mixed‑use property
  • Storefront paired with a two‑bedroom, one‑bath apartment

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 49047, MI

14,541
Population
8,205
Households
1.8
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
119.3 sq mi
ZIP Area
122
Density / Sq Mi
$55,469
Median Household Income
$38,033
Median Earnings
$750
Median Rent
$182,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine commercial frontage, residential space, and dedicated storage or operational capacity.
Where is this mixed-use property located?
The property is located at 54474 M 51 N Dowagiac, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 4,236 square feet across two buildings; Nearly 2 acres of mixed‑use property; Storefront paired with a two‑bedroom, one‑bath apartment
More about this property
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