Property summary
This exceptional 10,000 sq ft property, located at 125 W Water Street in Constantine, MI, presents a unique investment opportunity. The historically significant Harvey House, constructed in the 1800s by master carpenter John Bryan, boasts a prime waterfront location overlooking the St. Joseph River. The building has undergone significant renovations within the last two years, including electrical upgrades and roof replacement. Currently, the upper level comprises eight occupied residential units, all with a waiting list, generating substantial rental income. The main floor, currently operating as a restaurant and bar, offers further income potential. This turnkey operation includes the existing business, furnishings, and liquor license, available for purchase to the right buyer. A dedicated parking lot and a newly constructed deck overlooking the river enhance the property's appeal. The 0.48-acre lot provides ample space, and the building's mixed-use nature allows for diverse income streams. This is a rare chance to acquire a profitable, historically rich property with significant upside potential in a desirable location. The combination of established rental income, a thriving commercial space, and the building's historical significance makes this a truly exceptional investment. The property is ready for immediate income generation and offers a strong foundation for future growth.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.