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Financial
Distress signals
Property profile

93415 County Road 690 Dowagiac, MI 49047

FOR SALE
Turn key restaurants
Property ID
US43-1949242
7,392 SF 1.1 ac lot Built 2013
Last sale Sep 2015 · $140,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is an approximately 8,917-square-foot hospitality facility configured for restaurant and brewery use, with indoor and outdoor gathering areas intended to support both everyday service and event hosting. It is located in Sister Lakes, along Southwest Michigan’s resort corridor, and the site provides water views that are integrated with the outdoor areas. The building is set up as an operating venue for continued hospitality use and includes features that support possible expansion of hospitality operations.

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 · 2020

What does the county charge?
$18k
Tax billed · 2020
Assessed value · 2023$348k
Effective rate5.21%

Value estimate

· Oct 2026
$190k
$171k – $209k
Submarket $/SF estimate$868k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$45 – $117

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?
R1
JurisdictionVAN BUREN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop10.0
Wholesale Shop9.5
Building Supply9.5

Location

93415 County Road 690 Dowagiac, MI 49047
County assessor Recorded deeds · 3 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

3 recorded sales · 8 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
67648 M 152, Dowagiac, MI 49047-9028 $320,000 Apr 2024 4,800 SF
92196 County Rd 690, Dowagiac, MI 49047 $150,000 Mar 2023 3,840 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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