You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Individual retail properties

1015 E Napier Ave Benton Harbor, MI 49022

4,024 SF 0.35 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
Property ID
US43-3174323
Property summary
AI-generated overview

This 4,630 square foot storefront, located at 1015 E Napier Ave in Benton Harbor, Michigan (49022), presents a compelling investment opportunity. Built in 1977 and renovated in 1984, this property sits on a 0.35-acre lot (APN: 11-03-0029-0025-05-1) and boasts 4,024 square feet of net rentable space. The asking price is $299,900, translating to $64.77 per square foot. This location enjoys exceptional visibility and high traffic counts exceeding 12,000 vehicles daily, situated directly across from a major shopping center anchored by several large national retailers. A national fast-food chain opened next door within the past year. The property has a long and successful history as a dry cleaning establishment for over 40 years, with existing equipment included in the sale (buyer to verify condition). Note that one piece of equipment (a Milnor washer) may be sold separately. This versatile space is suitable for a wide range of business uses, making it an attractive prospect for savvy investors seeking a prime retail location in a high-traffic area. A comparable property in the immediate vicinity sold for $1,050,000 in 2022, highlighting the significant value proposition of this offering.

Property profile
Verified
Property type Individual retail properties
Use group DRY CLEANER
Year built 1965
Total area 4,024 SF
Lot 0.35 ac (15,246 SF)
Zoning code D1 COMM
APN 03-0029-0025-05-1
UPID US43-3174323
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kurwa Michigan LLC · 2 yrs held
Kurwa Michigan LLC
since 2023
1 recorded transaction
2023
$69,000
Zoning & alternative use
D1 COMM · Benton Harbor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message