555 Broadway Street South Haven, MI 49090
COMMERCIAL - South Haven, MI
- Added:
- Sep 10, 2025
- Days on Market:
- 304
- Last Refresh:
- Jul 10 at 11:06 pm
Property Features for 555 Broadway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1, Basement
- Interior features
- Broadband
- Standard status
- Active
- APN
- 805351400600
- Size
- 1,341 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- B398 1-17 744-352 922-371 1270-365 1625-794/5 1631-199 *** LOT 6 BLOCK 14 DYCKMAN HALE & CO ADDITION.
- Tax Annual Amount
- 3281
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agent Amy O'Sullivan License #6506040161 (269) 214-1257
Listing office Jaqua REALTORS 513 Broadway Street, Portage, MI (269) 637-6537
Listing date Sep 10, 2025
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location: Highly visible corner double lot, three blocks from downtown South Haven and Lake Michigan.
- Ample space: Provides ample space for parking and expansion.
- Flexible usage: Suitable for a wide range of business or office uses.
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 | $22.9k | $17.04 |
| − Vacancy | −$4.5k | −$3.37 |
| EGI | $18.3k | $13.67 |
| − OpEx | −$4.6k | −$3.42 |
| NOI | $13.7k | $10.25 |
