5 W Madison Street New Buffalo, MI $ 489,000
5 W Madison Street
$ 489,000
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5 W Madison Street

New Buffalo, MI, 49117
$ 489,000
Baths2.0

Monthly Estimate*

$ 3,250

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Studio

Commercial Property for sale in New Buffalo, MI

for $489,000 with 2 full baths. This building was built in 1994 on a lot size of 0.4.

This is a great Commercial Building in the General Commericial district of New Buffalo. This building is situated on a double lot, 2300 sq ft layout. The building is divided into 6 individual spaces on the main level, has a reception and waiting area with cathedral ceiling, 18' x; 14' wide open workspace, kitchenette, ADA compliant bathroom and ramp access. The upper level features 3 rooms and loft area. Parking Lot has 17 spots. There's a 2+ car garage and a storage shed in back. The crawlspace is waterproofed, new roof in 2019 and new hvac in 2018. This is just minutes away from Lake Michigan, Amtrak, I-94 & Four Winds. Can be converted to a house and use as an AirB&B rental.(contact city for requirments.) It is located in a general commercial district.

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Commercial Pending

Price

$ 489,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 4,885

Style

Retail/Commercial

Lot Size

0.4

Year Built

1994

Town/City

New Buffalo

County/Region

Berrien

MLS | Web ID

24014439

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Public Water Available Public Sewer Available Electric Available Cable Available Natural Gas Connected Electric Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1994
Township New Buffalo City
Property SubType Retail/Commercial
Tax Year 2023
Business Type Professional/Office Retail
County Berrien
New Construction N
Property Type Commercial Sale
Attached Garage N
Status Pending
Directions South on Whittaker St. to Right onto Madison St.
City New Buffalo
High School District New Buffalo
Zoning Description Gen Comm Dist
NumberOfUnitsTotal 1
MLS Area Southwestern Michigan - S
Lot Size Units Acres
Lot Size Square Feet 17424.0
Waterfront Y/N N
Street Name Madison
Land Lease Y/N N
Tax Annual Amount 4885.0
Lease Renewal Y/N N
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2024-03-26
Days on Market 16
Standard Status Pending
Tax Assessed Value 160100
Legal Description THE WLY 1/2 OF NLY 132' OF BLK 278 VIRGINIA ADD TO VILLAGE OF NEW BUFFALO and per title commitment
Senior Community None
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Exterior
Parking Features Paved
Water Source Public
Inclusions {u'Non-Applicable': True}
Lot Size Area 0.4
Number of Buildings 2
Spa N
Building Area Total 2300.0
Lot Dimensions 132. x 132
Lot Size Acres 0.4
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 2
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Street
Electric On Property Y/N N
Total Baths 2
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Internal Only
Street Number 1 5
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* Excluded Features
List By
Keller Williams Realty Swm

Broker

prahm@comcast.net

Email

Affordability Calculator

$3,657
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,250
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
249777 Elementary School
251191 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$479,000 Listed Price

Map


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5 W Madison Street, New Buffalo, MI, 49117 is a Commercial Property for sale at $489,000 with a lot size of 0.4. 5 W Madison Street is a studio with 2.0 baths and was built in 1994. The property's zip code is 49117 which is in New Buffalo, MI