125 W Water Street $749,000

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    125 W Water Street Constantine, MI 49042

    • 10,000 sq. ft.
    • 0.48 Acres
    • Commercial
    • MLS# 24055708
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    Views: 7 Days On Site: 31

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    Property Details

    Great opportunity to own a profitable multi-family/mixed use building with a wait list for the residential units. Most of this building (electrical, roof, etc.) has been remodeled and upgraded in the last two years. This waterfront property is not only a historically significant building, The Harvey House, being built by master carpenter John Bryan in 1800s, but also a has great income potential with the occupied, upper level 8 units and the opportunity to lease the main floor which is currently used as a restaurant/bar. The restaurant/bar business, income, furnishings, and liquor license can be included for the right purchases. There is a parking lot included as well as a newly built deck that overlooks the St Joseph River.

    • General Features
      • Year Built 1897
      • New Construction Y/N false
      • Business Type Restaurant,Bar/Tavern/Lounge
      • County Or Parish St. Joseph
      • Property Sub Type Business
      • Tax Annual Amount 2301.9
    • Building Features
      • Building Area Total 10000.0
      • Number Of Units Total 8
      • Heating Y/N true
      • Heating Forced Air
      • Full Bathrooms 10
      • Bathrooms 10
      • Parking Total 12.0
    • Property Features
      • Lot Size Acres 0.48
      • Lot Size Area 0.48
      • Number Of Buildings 1
      • Water Body Name St Joseph River
      • Utilities Cable Connected
      • Water Source Public
      • Waterfront Y/N true
    • Schools
      • High School District Constantine

    Neighborhood

    49042 (Constantine) Demographics

    46 Median Age
    82 Population Density (per sq. mile)
    23% College Educated
    $60,126 Estimated Median Income
    1,495 Estimated Total Home Owners
    441 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,603 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $120,000 Median Sales Price
    6 Homes Sold
    4 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $749,000
        10/23/2024 8:44:00 AM New in Database Source: Multiple Listing Service New Value: $749,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.