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Financial
Distress signals
Property profile

321 State St St Joseph, MI 49085

FOR SALE
Retail space
Property ID
US43-3254289
6,488 SF Built 1886
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a remodeled downtown St. Joseph, Michigan winery tasting room located at 321 State Street within a Michigan Social District area. The tasting room includes two handicap-accessible bathrooms and a full basement, and features a custom-built tasting bar and tables built for guest service. The listing indicates the sale of business-related tasting room assets and associated proprietary branding elements, including the business name, trademark, logo, and other proprietary…

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?
$8k
Tax billed · 2023
Assessed value · 2024$189k
Effective rate4.04%

Value estimate

· Oct 2026
$440k
$396k – $484k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$34 – $112
Qualifying comparables3

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?
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
Daycare Center9.1
Dental Office9.0

Location

321 State St St Joseph, MI 49085
County assessor Recorded deeds · not on file 3 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4031 Niles, Saint Joseph, MI 49085-9602 $210,001 Sep 2023 7,247 SF
Saint Joseph, MI 49085 $263,000 Jan 2022 4,000 SF
2913 Niles, Saint Joseph, MI 49085-2417 $100,000 Dec 2021 7,644 SF
3531 Niles, Saint Joseph, MI 49085-8744 $359,000 Jun 2021 10,283 SF
807 Lester, Saint Joseph, MI 49085-2520 $144,500 Mar 2021 5,158 SF
219 State, Saint Joseph, MI 49085-1126 $689,000 Mar 2020 8,712 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?”
More about this property
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