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231 - 311 E Buffalo Street New Buffalo, MI $ 1,595,000
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$ 1,595,000 Get more info
231 - 311 E Buffalo Street
$ 1,595,000
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Share Save

231 - 311 E Buffalo Street

New Buffalo, MI, 49117
$ 1,595,000
Baths7.0

Monthly Estimate*

$ 11,142

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Studio

Commercial Property for sale in New Buffalo, MI

for $1,595,000 with 7 full baths. This building was built in 1955 on a lot size of 0.63.

Business Opportunity in the City of New Buffalo! Successful Short Term Rental Property with 6/7 units. Also includes an additional building (currently used as a spa) that has 3 bedrooms/1 full bath. The main building was built in 1950 for a local professional and features sprinkles of art deco, gas log fireplaces in all but one unit, large jetted/jacuzzi tubs, kitchenettes for extended stays, manicured grounds, hot tub, firepit area, outdoor decking, ample parking, private and communal gathering spaces, vaulted ceilings, sky lights, individual heating/cooling controls and 1 unit even has a sauna. Located near the center of town, supermarket, shoppes, restaurants, Amtrak Station, Lake Michigan Public Beach, Four Winds, Parks, Pickleball and Tennis Courts, and All things Harbor Country.

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Commercial Active

Price

$ 1,595,000

Bedrooms

Studio

Full Bath

7

Property Type

Commercial

Taxes

$ 5,287

Style

Business

Lot Size

0.63

Year Built

1955

Town/City

New Buffalo

County/Region

Berrien

MLS | Web ID

23134370
Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Storm Sewer Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Natural Gas Connected Cable Connected
Possession Negotiable
Roof Composition
Construction Materials Brick
Year Built 1955
Property SubType Business
Tax Year 2023
Business Type Other
Waterfront Features All Sports Public Access 1 Mile or Less
Community Features Lake
County Berrien
New Construction N
Property Type Commercial Sale
Attached Garage N
Status Active
Directions Buffalo St. (Red Arrow Hwy) heading N/E from traffic light
City New Buffalo
Body of Water Lake Michigan
High School District New Buffalo
Total Units 8
MLS Area Southwestern Michigan - S
Lot Size Square Feet 27443.0
Waterfront Y/N N
Street Name Buffalo
Land Lease Y/N N
Tax Annual Amount 5287.0
Lease Renewal Y/N N
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 221
Standard Status Active
Tax Assessed Value 173268
Legal Description Per Title Commitment
Senior Community None
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Exterior
Parking Features Unpaved
Water Source Public
Inclusions {u'Equipment': True u'Real Estate': True u'Furniture': True}
Lot Size Area 0.63
Number of Buildings 2
Spa N
Building Area Total 5100.0
Lot Dimensions Irregular
Lot Size Acres 0.63
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 2
Total Stories 4180
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 7
Street Suffix Street
Electric On Property Y/N N
Total Baths 7
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Internal Only
Street Number 1 231311
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* Excluded Features
List By
Re/Max Harbor Country @ New Buffalo

Broker

tracilauricella@gmail.com

Email

Affordability Calculator

$11,582
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,142
Monthly Property Taxes
$441
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249777 Elementary School
251191 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/9/2024$1,595,000 -15.83% Price Down
9/15/2023$1,895,000 Listed Price

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231 - 311 E Buffalo Street, New Buffalo, MI, 49117 is a Commercial Property for sale at $1,595,000 with a lot size of 0.63. 231 - 311 E Buffalo Street is a studio with 7.0 baths and was built in 1955. The property's zip code is 49117 which is in New Buffalo, MI

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