2807 South State St, St Joseph, MI 49085
For Lease
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.