$700,000 163 Colfax Avenue Benton Harbor, MI

MLS: 15008659   Type: Commercial   County: Berrien   City: Benton Harbor   Area: Benton Harbor City   Neighborhood: Benton Harbor City   Zip: 49022   Style: Retail/ Commercial  

Mortgage $3,286 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

0

0

45,750

0

1921

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

Elementary School

Middle School

High School

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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

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

Interior Features

A/C 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
Waterfront No

Property Schools



Direct Link:

https://www.lakerealtors.us/property/15-15008659-163-Colfax-Avenue-Benton-Harbor-MI-49022

Gallery (8 photos)

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Property vs Zip Code Avg (49022)

Price 700K Avg 288K

Sqr Feet 45,750 Avg 11,032

Cost / Sqr Ft $15 Avg $26

Visits 352 Avg 22

Days on Site 1,262 Avg 307

Walkscore® 71 Avg 51

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Listing Provided Courtesy Of: Christopher S Siriano at Siriano Realty - (269) 325-0039




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Location & Address

LakeREALTORS

New Buffalo, MI
312-756-0605
269-645-5915