Property profile

115 Main St Benton Harbor, MI 49022

OFF-MARKET
Medical Office Space
Property ID
US43-3370386
7,278 SF 0.22 ac lot Built 1940
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,278-square-foot executive office space at 115 W Main Street in Benton Harbor, Michigan, presents a compelling investment opportunity. Built in 1960 and extensively renovated in 2015, the property boasts a solid concrete structure and high ceilings, offering significant flexibility for future tenants. Previously used as a Veterans Affairs Community-based Outpatient Clinic, the space features numerous non-load-bearing walls and a suspended ceiling, allowing for easy reconfiguration to suit diverse needs. Situated on a 0.24-acre lot within the 201-Commercial zoned area of downtown Benton Harbor, this single-unit building benefits from a prime location. Its proximity to a soon-to-open new health center and the Whirlpool Corporation further enhances its appeal. The property's strong construction, adaptable layout, and strategic location make it an ideal choice for businesses seeking a prominent presence in a revitalizing downtown area. The asking price is $399,000. All 7,278 square feet are net rentable. Contact us for more details.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1940
Total area 7,278 SF
Lot 0.22 ac (9,583 SF)
Zoning code DISTRICT E
APN 54-0340-0149-00-4
UPID US43-3370386

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician

Location

115 Main St Benton Harbor, MI 49022-3663
Benton Harbor metro Census 400 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2025
3 recorded transactions
2025
$350,000
2025
Price N/A
2023
Price N/A

Zoning & alternative use

DISTRICT E · Benton Harbor, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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