1015 Napier Ave Benton Harbor, MI 49022-3951
- Individual retail properties
- 4,024 SF
- 0.35 lot acres
Aug 24, 2023
Current Use by Public Records
- Individual retail properties
Property Details for 1015 Napier Ave
- Year built
- 1965
- Lot size
- 0.35 lot acres
- Property size
- 4,024 SF
- Zone code
- D1 COMM
- Property type
- Individual retail properties
- APN
- 03-0029-0025-05-1
- APU
- 300290025051
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Benton Harbor
- County
- Berrien
- State
- Michigan
- Longitude
- -86.4341
- Latitude
- 42.0875
- CBSA code
- 35660
- CBSA name
- NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA