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Financial
Distress signals
Property profile

300 Main St St Joseph, MI 49085

FOR SALE
Banks
Property ID
US43-2754708
1,740 SF 0.2 ac lot Built 1980
Last sale Apr 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial space totaling approximately 1,740 square feet located in downtown St. Joseph, in Southwest Michigan. It is positioned for street-level visibility and pedestrian activity, with access to local shops and restaurants as well as nearby highways. The interior layout is suitable for multiple light commercial uses, including retail, service businesses, or professional office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$274k
Effective rate4.54%

Value estimate

· Oct 2026
$530k
$477k – $583k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$4k
Operating expenses−$6k
NOI · 3.20% cap applied$19k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.20%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
D
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.4
Dental Office9.0
Furniture Store8.9

Location

300 Main St St Joseph, MI 49085
County assessor Recorded deeds · 2 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Lions Park, Saint Joseph, MI 49085-1017 $650,000 Feb 2026 2,132 SF
2805 Niles, Saint Joseph, MI 49085-2415 $177,000 Jun 2024 1,928 SF
807 Napier, Saint Joseph, MI 49085-2003 $225,000 Jan 2024 2,054 SF
4298 M 63, Saint Joseph, MI 49085 $110,000 May 2022 1,998 SF
418 State, Saint Joseph, MI 49085-1250 $195,000 Apr 2022 1,274 SF
416 State, Saint Joseph, MI 49085-2297 $204,000 Sep 2020 2,013 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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