x
Lease to Own
Address
163 Colfax Avenue Benton Harbor, MI
Price
$ 610,000
Property Attributes
  • MLS#15008659
  • TypeCommercial
  • CountyBERRIEN
  • CityBenton Harbor
  • AreaBenton Harbor City
  • NeighborhoodBenton Harbor City
  • Zip49022
  • StyleRetail/Commercial
  • Price$ 610,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage45750
Listing Provided Courtesy Of:
Christopher S Siriano at Siriano Realty - (269) 325-0039
Property Description

The original House of David Hotel! Here's the chance of a lifetime! This is a wonderful, heavily built concrete structure, with massive floors and walls, and ready for restoration. A new roof was put on several years ago, and the buyer has first option to buy the large parking lot on the north side of the building that goes all the way to Main Street. This could be a phenomenal place for Art Galleries on the main floor, and condos on the upper 3 floors, or rent out the entire lower level for any type of retail and use the upper for apartments. Endless possibilities and the place has a ton of square footage (over 40,000 sq. ft)! Local contractor who has expert knowledge of the stone facade restoration has viewed the building and is willing to work with the new owner for an entire exterior

Price History
3/4/2015 Listed $756,100
3/24/2015 1% - $756,000
4/21/2015 1% - $755,000
5/5/2015 1% - $754,000
5/19/2015 1% - $752,000
5/27/2015 1% - $751,000
6/11/2015 1% - $750,000
6/29/2015 1% - $748,000
7/7/2015 1% - $746,000
8/4/2015 1% - $745,000
9/28/2015 1% - $744,000
10/20/2015 1% - $743,800
11/27/2015 1% - $743,600
3/26/2016 1% - $740,600
4/29/2016 1% - $739,900
6/29/2016 2% - $730,900
9/20/2016 1% - $728,800
3/6/2017 1% - $728,000
6/3/2017 1% - $726,000
8/10/2018 4% - $700,000
11/21/2018 1% - $695,000
12/7/2018 1% - $692,000
12/31/2018 2% - $685,000
1/15/2019 1% - $680,000
1/23/2019 1% - $675,000
2/1/2019 1% - $670,000
2/11/2019 1% - $665,000
2/14/2019 1% - $660,000
2/25/2019 1% - $655,000
3/14/2019 1% - $650,000
5/27/2019 2% - $640,000
6/10/2019 1% - $635,000
6/17/2019 1% - $630,000
6/29/2019 1% - $625,000
7/8/2019 1% - $620,000
7/17/2019 1% - $615,000
8/12/2019 1% - $610,000

General Features

Business Includes Non-Applicable
Current Bldg Use Hotel
Homestead % 0.00
Municipality Benton Harbor City
New Construction No
School District Benton Harbor
Sub-area S70 - Benton Harbor School
Uses Bar/Tavern/Lounge, Professional Service, Restaurant
Waterfront No

Interior Features

Air Conditioning None
Heat Source None
Heating None

Exterior Features

Construction Type Concrete
Exterior Brick/Stone
Mineral Rights Unknown
Road Frontage 125.00
Roof Other
Sewer Public
Total # Bldgs 1.00
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 49022

Price
AVG $320K
$610K
Visits
AVG 37
432
Year Built
AVG 1959
1921
Walkscore
AVG 54
71
Data Provided by Walkscore ® not using MLS data

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