50463 M-152 Dowagiac, MI ^$ 240,000

50463 M-152

^$ 240,000

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50463 M-152

Dowagiac, MI, 49047

^$ 240,000

Bedrooms-- Baths-- Sq 1,328

Monthly Estimate*

^$ 1,497

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Commercial Property for sale in Dowagiac, MI

for $240,000. This 1,328 square foot building was built in 1965 on a lot size of 0.52.

Unlock the potential of this versatile commercial opportunity located in a thriving summer destination! Currently operating as a popular ice cream & hot dog shop, this property offers endless possibilities for entrepreneurs and investors. Whether you're dreaming of a cafe, kayak rental hub, retail space, or an entirely new venture, the flexible layout and prominent location invite creativity.Sale includes an additional residential lot--perfect for future expansion or added investment potential--and comes with deeded lake egress rights to Magician lake, giving you a unique edge in this popular tourist area. With steady seasonal traffic and visibility, this property is primed for your next big idea.

Commercial Active

Price

^$ 240,000

Property Type

Commercial

Taxes

^$ 840

Style

Business

Lot Size

0.52

Year Built

1965

Town/City

Dowagiac

County/Region

Cass

MLS | Web ID

70456664

Features

General

Heating Forced Air

Status Active Active

Year Built 1965

County Cass

Class COM/IND/BUS OPP

Type Business

Municipality Silver Creek Twp

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Furniture

Area Silver Creek Twp (14013)

Primary City Dowagiac

Directions 92 Ave to M152 south to property

City Dowagiac

Financial Terms Cash Conventional

Legal Description 408-949 381-1111 372-814 918-I 5S-16W LOTS 122 123 & 124 LAKEVIEW SUB.

DOM 269

Postal Code 49047

Price Per Sq Ft Total AG 180.72

Public Remarks Unlock the potential of this versatile commercial opportunity located in a thriving summer destination! Currently operating as a popular ice cream & hot dog shop

Exterior

Exterior Frame Wood

Frontage 149

Body of Water Magician Lake

Lot Size Area 0.52

Lot Dimensions 149 x 152

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Judith Murray

Listing Agent

Cressy & Everett Real Estate

Broker

judemurray@cressyeverett.com

Affordability Calculator

$1,567

Per Month

Monthly Principal & Interest: $1,497
Monthly Property Taxes: $70
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Commerical listings in Dowagiac, MI

Average List Price ^$444,239

Percent of Sale Price 85%

About Dowagiac, MI

5,957 Population

-4% Since 2002

^$30,271 Median Income

35.39 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/22/2025	$240,000	-4.00%	Price Down
3/17/2025	$250,000		Listed Price

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50463 M-152, Dowagiac, MI, 49047 is a Commercial Property for sale at $240,000 with 1,328 sqft and a lot size of 0.52. 50463 M-152 was built in 1965. The property's zip code is 49047 which is in Dowagiac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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50463 M-152

Commercial Property for sale in Dowagiac, MI

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