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    FOR LEASE
    Commercial real estate

    2807 South State St, St Joseph, MI 49085

    2.83 ac lot
    Trust Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-2328916
    2807 South State St, St Joseph, MI 49085 For Lease
    $12 SF/Yr 31,476 SF available
    2807 South State St, St Joseph, MI 49085
    View Listing →
    Property summary
    AI-generated overview

    This exceptional two-story office building, situated on a 2.83-acre lot in St. Joseph, Michigan (49085), presents a compelling investment opportunity. Boasting 31,476 square feet of versatile space, this Class B property, built in 1992, is currently vacant and ready for immediate occupancy. The building features a modern design, ideal for a variety of office uses, and is conveniently located within a Commercial Office District. The property includes one passenger and one freight elevator, ensuring efficient movement throughout the building. Additional amenities include a garage, a secure data room equipped with advanced cooling and fire suppression systems, and a reliable full-building generator for uninterrupted operations. The included furniture is available for lease or negotiable upon sale, adding significant value and convenience. The property's APN is 76-2700-0008-15-0. This is a rare opportunity to acquire a substantial, well-maintained office building in a thriving Michigan community. The asking price is $4,200,000. The property is zoned for commercial office use and offers ample space for expansion or adaptation to suit specific business needs. Its strategic location and comprehensive features make it an attractive prospect for businesses seeking a prime location in St. Joseph.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 2.83 ac (123,275 SF)
    APN 76-2700-0008-15-0
    UPID US43-2328916
    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
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    Blend (final) Blend
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    Owner & transaction history
    The Charlene A Pasko Living Trust · 4 yrs held
    The Charlene A Pasko Living Trust
    since 2021
    4 recorded transactions
    2021
    2021
    2020
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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