Open-Plan
New
For Sale
$150,000
Pending
6998 114th Avenue, South Haven, MI 49090
Commercial Sale, South Haven, MI
Property Size565 SF
Lot Size2,178.00 Acres
Days on Market3
Property Features for 6998 114th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Glenn
Middle school district
Glenn
High school district
Glenn
Directions
Blue Star to 114th Ave. {Flashing Light in Glenn) to 114th Ave, East to address.
Standard status
Pending
APN
07-032-013-00
Size
565 SF
Lot size
2,178.00 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Survey Attached, Parcels "c" and "D"
Tax Annual Amount
298
Legal Description
Survey Attached, Parcels "c" and "D"
Utilities
Utilities
Cable Available
Heating system
Forced Air
Water source
Private
Amenities
full front of glass
classic ceramic tiled bathroom
handicap accessible
small secondary room
brand new roof
well
Building Details
Year built
1950
Number of units
1
Building materials
Block, Wood Siding
Roof type
Composition
Listing Agency:
Conklin Real Estate
(269) 227-3254
Listed By:
Frank Terry Conklin · License #6502129283
(269) 208-0082
Added: Oct 8
Last Checked: Oct 10 at 11:06AM
MLS# 26053737
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.
This 565-square-foot storefront dates to 1950 and has an open interior with a high ceiling and glass across the front. A smaller separate room offers additional interior space, and the bathroom has ceramic tile and accessible features. The building has forced-air heat, a composition roof, block and wood siding, and a private water source. Renovation work and a new roof and well are reported, with immediate possession available.
Parking is available in front of the building and along the street. Cable service is available.
Parking is available in front of the building and along the street. Cable service is available.
Key Highlights
- 565‑square‑foot storefront with an open layout and high ceiling
- Full glass across the front of the building
- Separate smaller room and accessible bathroom with ceramic tile
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,865
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,300
$117.3K
Cap Rate 7%
$83,786
$83.8K
Cap Rate 9%
$65,167
$65.2K
Market Conditions
NOI Build-Up for 565 SF
Gross rent
$8.7K $15.48/SF
− Vacancy
−$367 −$0.65/SF
EGI
$8.4K $14.83/SF
− OpEx
−$2.5K −$4.45/SF
NOI
$5.9K $10.38/SF
Area
Van Buren 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%
$117,300
Cap Rate 7%
$83,786
Cap Rate 9%
$65,167
Alternative Uses
Best Use
Retail
$83.8K
$73.3K – $97.8K
NOI $5,865 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.99M
$6.11M – $8.15M
NOI $489,029 @ 7.0% cap · market cap 326.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49090, MI
13,286
Population
8,904
Households
1.5
Avg Household Size
49
Median Age
31%
College-Educated
89%
High-School Grad
78.3 sq mi
ZIP Area
170
Density / Sq Mi
$64,643
Median Household Income
$40,067
Median Earnings
$914
Median Rent
$251,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - A separate rear room, accessible tiled bathroom, and parking at the property and along the street support flexible occupancy.
Where is this storefront property located?
The property is located at 6998 114th Avenue South Haven, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 565‑square‑foot storefront with an open layout and high ceiling; Full glass across the front of the building; Separate smaller room and accessible bathroom with ceramic tile
