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Financial
Distress signals
Property profile

100 N Mechanic St Berrien Springs, MI 49103

FOR SALE
Other individual retail properties
Property ID
US43-3780651
7,740 SF 0.39 ac lot Built 1980
Last sale Jun 2016 · $166,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 7,700-square-foot, single-story commercial building configured in an open-concept layout with flexible space for multiple uses, including expansive gathering areas, private rooms, office space, and mezzanine storage, with ADA accessibility. The building was fully renovated in 2016, including major capital improvements such as a replaced roof and HVAC system, and it is arranged as two operating units. It is located on a prominent corner lot within the Central Business District and is zoned…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$316k
Effective rate2.89%

Value estimate

· Oct 2026
$245k
$221k – $270k
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$5k
Operating expenses−$34k
NOI · 11.53% cap applied$80k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
11.53%
$80k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
The Central Business District is established as a district in which the principal use of land is for mercantile establishments of all typ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Realty agency12.7
Building Supply11.9

Location

100 N Mechanic St Berrien Springs, MI 49103
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9549 Old 31, Berrien Springs, MI 49103 $150,000 Mar 2025 5,984 SF
512 Cass, Berrien Springs, MI 49103-1069 $120,000 Aug 2024 3,977 SF
201 Mars, Berrien Springs, MI 49103-1166 $175,000 Jun 2022 3,091 SF
9513 Old 31, Berrien Springs, MI 49103 $150,000 Oct 2021 4,864 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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