request_info_guest false

Former Downtown Bank Facility Cassopolis, Mi

$350,000

116 S Broadway St, Cassopolis, MI 49031

Active
Last Updated: 10/31/2024

8,048 sqft

Building Size

0.85 acres

Lot Area

Details:
Building Size:    8,048 sqft
Lot Area:    0.85 acres
Year Built:    1900
Highlights:
  • 8,048 SF former bank facility in downtown Cassopolis
  • Featuring a 4,512 SF, 2-story building w/basement, 3,536 SF, 1-story building w/basement & 2-lane, freestanding drive-thru
  • Site offers parking lot with 25+ spaces, a large, adjacent green space & 2 pylon signs
  • Situated on an approx. 0.85-acre parcel (4 pcls) w/approx. 81’ of frontage on S. Broadway St./M-62 Hwy. & approx. 173’ of frontage on W. State St.
  • Buildings constructed in early 1900’s (est.) - renovated in 1990’s (est.)
  • Zoned C-3, Central Business District in the Village of Cassopolis
  • Area tenants include Wagner Family Funeral Home, Auto Value, True Value Hardware, Marathon Gas & Biggby Coffee
  • Real Estate Taxes = $12,282 (2022)
  • 2xSEV = $955,800 (2023)
  • Bank closure January 2024
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.

Property includes APN 14-041-121-001-00, 14-041-121-003-00, 14-041-121-004-00 and 14-041-180-006-00. Sale subject to Bank approval of Buyer’s intended use. Seller reserves the right to deed restrict against financial and marijuana uses. Property to be sold in “As is” “Where is” condition, with all faults and conveyed by Covenant Deed. Do not approach employees. Estimated close date 1/18/24.

SW corner of S. Broadway St./M-60 and W. State St. in downtown Cassopolis.

Map:
Location
Gallery