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Property profile

287 Main St Benton Harbor, MI 49022

OFF-MARKET
Drive through restaurants
Property ID
US43-3817468
1,840 SF 0.46 ac lot Built 1964
Last sale Jul 2011 · $104,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1,945-square-foot commercial restaurant building was constructed in 1964 and was previously used as the Roxy Drive-In Restaurant. The property is located on a prominent corner with approximately 200 feet of frontage along Main Street and approximately 100 feet of frontage along 4th Street. It sits in the Arts District of downtown Benton Harbor and is positioned near local amenities and attractions, with its primary defining features being its established restaurant use and dual-street frontage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$125k
Effective rate5.61%

Value estimate

· Oct 2026
$135k
$122k – $149k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$83 – $230

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DISTRICT E
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.6
Building Supply22.3
Dental Office21.2

Location

287 Main St Benton Harbor, MI 49022-4411
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1768 M 139, Benton Harbor, MI 49022-6150 $250,000 May 2025 1,920 SF
1663 Norton, Benton Harbor, MI 49022-3935 $80,000 Apr 2024 1,728 SF
1105 Highland, Benton Harbor, MI 49022-3053 $198,000 Dec 2023 1,728 SF
3940 Fikes, Benton Harbor, MI 49022-9536 $75,000 Jul 2023 1,520 SF
275 Empire, Benton Harbor, MI 49022-5356 $48,000 Jun 2023 1,884 SF
1335 M 139, Benton Harbor, MI 49022-5741 $50,000 Jan 2023 2,024 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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