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26697281
26697286

116 S Broadway Street, Cassopolis, MI 49031

JM
MI 6506044331
NAI Wisinski of West Michigan - Kalamazoo
Listed by NAI Wisinski of West Michigan - Kalamazoo
$350,000
282 days on market
Updated 2 days ago
Opportunity zone

Former Downtown Bank Facility

Details
APN 14-041-121-004-00
Property Type Retail, Office
Sub Type Storefront, Executive Office (+3)
Square Footage 8,048
Units 1
Tenancy Vacant
Price per SqFt $43
Year Built 1900
Year Renovated 1990
Buildings 3
Acreage 0.850
Parking Spaces 25 spaces
Parking Per SqFt 3.11
Ownership Corporation

Former Bank Facility in Cassopolis

Marketing description

AVAILABLE FOR SALE: 8,048 SF former bank facility - comprised of a 4,512 SF, 2-story building w/basement, a 3,536 SF, 1-story building w/basement and a 2-lane, freestanding drive-thru - located in downtown Cassopolis, Michigan. Constructed in the early 1900's, and renovated in the 1990's, the existing floor plan features a large lobby/customer service area, multiple private offices on both floors, break room and 2 bank vaults. Situated on an approx. 0.85-acre parcel (4 parcels) with approx. 81' of frontage on S. Broadway St./M-62 Hwy. and approx. 173' of frontage on W. State St., this property offers a rear parking lot with 25+ spaces that includes adjacent green space, 2 pylon signs and delivery access via rear alley. The site is centrally located in the Village of Cassopolis and zoned C-3, Central Business District, allowing for a wide variety of uses. Area tenants include Wagner Family Funeral Home, Auto Value, True Value Hardware, Marathon Gas and Biggby Coffee.

Investment highlights

  • 8,048 SF former bank facility in downtown

    Cassopolis

  • 4,512 SF, 2-story building with basement

    • 3,536 SF, 1-story building with basement

    • 2-lane, freestanding drive-thru

    • Parking lot with 25+ spaces

    • Large green space

    • 2 pylon signs

    • Access to rear alley for deliveries

  • Situated on an approx. 0.85-acre parcel (4 parcels) with approx. 81’ of frontage on S. Broadway St./M-62 Hwy. and approx. 173’ of frontage on W. State St.

  • Buildings constructed in early 1900’s (est.) - renovated in 1990’s (est.)

  • Sale subject to Bank approval of Buyer’s intended use. Seller reserves the right to deed restrict against financial and marijuana uses.

  • Zoned C-3, Central Business District in the Village of Cassopolis

  • Real Estate Taxes = $10,164 (2025)

  • 2xSEV = $1,190,800 (2025)

  • Bank closure January 2024

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Listing Contacts

JM
MI 6506044331
NAI Wisinski of West Michigan - Kalamazoo
Listed by NAI Wisinski of West Michigan - Kalamazoo

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Additional Information

Name
Jodi K. Milks, CCIM
License
6506044331
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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