10275 Red Arrow HwyBridgman, MI 49106

  • Commercial real estate
  • 5.29 AC
For Lease
$420/SF/YR View listing

Property Details for 10275 Red Arrow Hwy

Year built
1987
Lot size
5.29 AC
Zone code
IG
Property type
Commercial real estate
APN
56-0019-0142-23-0
APU
5600190142230

Description

This exceptional retail opportunity in Bridgman, Michigan, presents a brand-new, 8,711-square-foot building slated for completion in 2025. Located at 10275 Red Arrow Highway, near the intersection of Rambo Road and Red Arrow Highway (APN 56-0019-0142-23-0), this single-story structure offers five suites, with a minimum divisible space of 1,780 square feet and a maximum contiguous space of 7,837 square feet. Currently, 7,837 square feet are available for lease. The property boasts a prominent location just off Exit 16 of I-94, making it highly accessible to a large customer base. This area serves as a regional destination for residents and tourists from West Michigan, Northern Indiana, and Illinois, drawn to nearby attractions such as Lake Michigan's beaches and dunes, and local wineries. The 5.29-acre lot ensures ample space and visibility. The building's design allows for flexibility in suite sizes to accommodate diverse tenant needs, making it an ideal location for a variety of retail businesses. This is a prime opportunity to establish a presence in a thriving and attractive market. Contact us today to learn more about this build-to-suit opportunity in Berrien County, Michigan, zip code 49106.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $33,852,092
    Hospitality
    $31,008,334
    Educational
    $25,798,570
    Medical
    $26,685,822
    Retail
    $40,131,108

Location Insight

City
Bridgman
County
Berrien
State
Michigan
Latitude
41.9318
Longitude
-86.5689
CBSA code
35660
CBSA name
NILES-BENTON HARBOR, 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
2023
$4,190
-
-
$140,600
-
-
-
$281,200

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