402-408 S Oak Buchanan, MI ^$ 1,395,000

402-408 S Oak

^$ 1,395,000

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402-408 S Oak

Buchanan, MI, 49107

^$ 1,395,000

Studio Baths0.0 Sq 10,914

Monthly Estimate*

^$ 9,272

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Studio

Commercial Property for sale in Buchanan, MI

for $1,395,000. This 10,914 square foot building was built in 1920 on a lot size of 0.73.

Approved cannabis grow facility. Remodeling was started in 2023 and is about 90% finished.

Commercial Active

Price

^$ 1,395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,032

Style

Commercial/Industrial

Lot Size

0.73

Year Built

1920

Town/City

Buchanan

County/Region

Berrien

MLS | Web ID

70399104

Features

General

Heating Forced Air

Possession At Close

Roof Metal

Water Public Water Public Water at Street

Status Active Active

Year Built 1920

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Buchanan

Zoning Industrial

Commercial Features Cable Internet Installed Cable TV Available Electric Available Gas Available Telephone

Area Buchanan (11028)

Directions Take South Red Bud Trail to Smith Street then East on Smith to Oak Street. Property is located on the corner of Smith & Oak Streets.

City Buchanan

Street Name Oak

Financial Terms Cash Conventional

Legal Description At Listing Office

DOM 43

Price Per Sq Ft Total 127.82

Coming Soon Approved cannabis grow facility. Remodeling was started in 2023 and is about 90% finished.

Exterior

Exterior Frame Metal Steel Wood

Frontage 286

Lot Size Area 0.73

Lot Dimensions 286' x 105'

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

James Ringler

Listing Agent

Cressy Commercial Real Estate

Broker

jringler@cressy.com

Affordability Calculator

$9,774

Per Month

Monthly Principal & Interest: $9,272
Monthly Property Taxes: $503
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Buchanan, MI

Average List Price ^$489,848

Percent of Sale Price 65%

About Buchanan, MI

4,532 Population

-5% Since 2002

^$46,593 Median Income

40.08 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$1,395,000		Listed Price

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402-408 S Oak, Buchanan, MI, 49107 is a Commercial Property for sale at $1,395,000 with 10,914 sqft and a lot size of 0.73. 402-408 S Oak is a studio with 0.0 baths and was built in 1920. The property's zip code is 49107 which is in Buchanan, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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402-408 S Oak

Commercial Property for sale in Buchanan, MI

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