28102 M 152 Dowagiac, MI $ 199,900
28102 M 152
$ 199,900
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28102 M 152

Dowagiac, MI, 49047
$ 199,900
Bedrooms-- Baths2.0

Monthly Estimate*

$ 1,247

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Commercial Property for sale in Dowagiac, MI

for $199,900 with 2 full baths. This building was built in 1962 on a lot size of 2.02.

Rare Opportunity to Own a Local Landmark! The iconic Lutz's Drive-In restaurant is now available, ideally located just west of the high-traffic intersection of M-51 and M-152. This turn-key offering includes approximately 2 acres of commercial property, a 2,064 SF restaurant building, and 16 covered drive-in spaces—perfect for classic carhop service or outdoor events. The sale includes all on-site restaurant equipment—including freezers, coolers, pizza ovens, tables, chairs, tableware, and more—allowing for immediate operation or rebranding. The dining room has been recently renovated with new flooring, tables, and booths, enhancing the indoor customer experience. Outdoor dining areas and a second vacant parcel provide added value and potential for future development. Just minutes from Sister Lakes, one of Michiana's top vacation destinations, this high-visibility location is ideal for restaurateurs, developers, or investors seeking to revive a beloved staple or build something new.

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Commercial Active

Price

$ 199,900

Full Bath

2

Property Type

Commercial

Taxes

$ 3,765

Style

Business

Lot Size

2.02

Year Built

1962

Town/City

Dowagiac

County/Region

Cass

MLS | Web ID

25059343

Features
Interior
Interior Amenities Broadband
Total Stories 2064
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available Electricity Available Phone Connected Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Year Built 1962
Township Silver Creek Twp
Property Subtype Business
Tax Year 2024
Business Type Other Professional Service Restaurant Retail
County Cass
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
Directions Approx 4-5 miles north of Dowagiac on M-51 to intersection of M-152; restaurant is approx 500 ft west of intersection on M-152
City Dowagiac
High School District Dowagiac
Zoning Description commercial 201
Number Of Units Total 1
MLS Area Southwestern Michigan - S
Lot Size Units Acres
Lot Size Square Feet 87991.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 3765.0
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
Availability Date 2025-11-20
Standard Status Active
Tax Assessed Value 63105
Legal Description on file
Senior Community None
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Exterior
Water Source Well
Total Parking 50.0
Inclusions Real Estate Inventory Furniture Equipment
Lot Size Area 2.02
Number of Buildings 1
Spa N
Building Area Total 2064.0
Lot Dimensions 318x280
Lot Size Acres 2.02
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 28102
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* Excluded Features
List By
Gale Realty, Llc

Broker

craigroseteam@hotmail.com

Email

Affordability Calculator

$1,561
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,247
Monthly Property Taxes
$314
Monthly 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
248988 Elementary School
249774 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$199,900 Listed Price

Map


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28102 M 152, Dowagiac, MI, 49047 is a Commercial Property for sale at $199,900 with a lot size of 2.02. 28102 M 152 has 2.0 baths and was built in 1962. The property's zip code is 49047 which is in Dowagiac, MI