901 Spruce StDowagiac, MI 49047

  • Commercial real estate
  • 2.41 AC
For Lease
$7/SF/YR View listing

Property Details for 901 Spruce St

Lot size
2.41 AC
Property type
Commercial real estate
APN
14-160-100-774-30
APU
1416010077430

Description

Silver Creek Plaza, located at 901 Spruce Street in Dowagiac, Michigan, offers two exceptional retail spaces for lease. This 19,294 square foot strip center sits on 2.14 acres of land and enjoys a prime location along a busy retail corridor. The available spaces range from 3,500 to 4,100 square feet, perfect for a variety of businesses. The property is part of a thriving retail environment, sharing the plaza with established tenants including Family Dollar, Subway, H&R Block, and Edward Jones. Built in 1980, the building is well-maintained and benefits from municipal utilities. The property's C3-General Business zoning allows for a wide range of commercial uses. Dowagiac's strategic location in southwest Michigan, near the Indiana border and conveniently situated between I-94 to the north and the I-80/90 Indiana Toll Road to the south, provides excellent access to regional and interstate commerce. As part of the South Bend Metropolitan Statistical Area (MSA), this location offers easy access to several major Midwest commerce centers, ensuring high visibility and strong potential for customer traffic. This is a rare opportunity to establish a business in a well-established and highly visible retail center. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,690,694
    Hospitality
    $18,036,570
    Educational
    $15,006,214
    Medical
    $15,522,301
    Retail
    $23,343,000

Location Insight

City
Dowagiac
County
Cass
State
Michigan
Latitude
41.9834
Longitude
-86.1227
CBSA code
43780
CBSA name
SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$25,509
-
-
$488,600
-
-
-
$977,200

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