$1,275,000
$1,400,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
2 N Whittaker Street New Buffalo, MI 49117-1127
2,964 SqFt
Key Details
Sold Price $1,275,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,964 sqft
Price per Sqft $430
Subdivision Mi
MLS Listing ID 70519963
Sold Date 06/12/26
Year Built 1996
Annual Tax Amount $8,644
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 129*64
Property Sub-Type Commercial/Industrial
Property Description
Fully leased multi-tenant commercial property located in the heart of downtown New Buffalo's primary retail and professional corridor. The building consists of approximately 2,964 square feet across three suites with established professional tenants in place, offering stable income at an approximate 6.2% cap rate.Positioned on the corner of W Buffalo Street and N Whittaker Street, the property benefits from strong visibility, a central corner location, and consistent traffic along one of the area's most active commercial corridors within New Buffalo's vibrant downtown core.The location is supported by Harbor Country tourism and proximity to the greater Chicago market, contributing to sustained demand for downtown commercial space. Lease terms extend through 2028-2029, providing near-term income stability.Additional Opportunity:While the property is currently fully leased, there may be potential to accommodate an owner-user. Ownership may consider negotiating an early vacate with
Location
State MI
County Berrien
Area New Buffalo (11037)
Interior
Heating Forced Air
Exterior
Parking Features 6-10 Spaces
Roof Type Composite
Building
Structure Type Brick,Frame,Stone,Vinyl Siding,Wood
Others
Ownership LLC
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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