$1 Auction – 20,268 SF Commercial Building | SW Michigan

Highlights:

• ±20,268 SF Two-Story Commercial Building on 8.71 Acre Parcel
• Zoned CS, Commercial/Service District, Offering Favorable Zoning for a Variety of Commercial and Office Uses Including Professional Office, Retail, Climate-Controlled Storage Facility (special use), Etc.
• Excellent Visibility and Frontage on Main Street with 2,014 VPD Traffic Counts
• Attractive Demographics with Population of ±75,068 and Annual Household Income of ±$79,907 (10-Mile Radius)

Description:

RI Marketplace Online Auction April 28-30, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2432/1-auction-20-268-sf-commercial-building-sw-michigan?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=office_2432

Marcus & Millichap is pleased to offer for sale the fee simple interest in a ±20,268 square foot commercial building located at 15198 Main Street in Buchanan, Michigan (the “Property”). The Property presents either an owner/user opportunity or offers investors the opportunity for significant value add through lease up strategies or soft repositioning/redevelopment. The two-story building is positioned on ±8.71 acres and benefits from access and visibility on Main Street with traffic counts of 2,014 vehicles per day. The Property is zoned CS, Commercial Service District, which offers favorable flexible zoning allowing for a variety of office/professional uses via adaptive reuse or repositioning including office, retail, and climate-controlled storage facility (special use).

Buchanan is a city in Berrien County, located in the southwestern part of Michigan, near the Indiana border. Buchanan is part of the South Bend-Mishawaka metropolitan area, benefiting from regional economic activity while maintaining its small-town charm. The Property is 11 miles northeast of South Bend, Indiana, and 90 miles east of Chicago. As of 2024, the Property’s demographics have ±75,068 individuals residing within a 10-mile radius, with an average household income of ±$79,907.

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