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-- Baths-- Sq 2,064

Monthly Estimate*

$ 1,247

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Commercial Property for sale in Dowagiac, MI

for $199,900. This 2,064 square foot 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

Property Type

Commercial

Taxes

$ 3,765

Style

Business

Lot Size

2.02

Year Built

1962

Town/City

Dowagiac

County/Region

Cass

MLS | Web ID

70505992

Features
General
Heating Forced Air
Status Active Active
Year Built 1962
Parking 21+ Spaces
County Cass
Class COM/IND/BUS OPP
Type Business
Municipality Silver Creek Twp
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Furniture
Area Silver Creek Twp (14013)
Primary City Dowagiac
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
Financial Terms Cash Conventional
Legal Description on file
DOM 13
Postal Code 49047
Price Per Sq Ft Total AG 96.85
Public Remarks Rare Opportunity to Own a Local Landmark! The iconic Lutz's Drive-In restaurant is now available
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Exterior
Exterior Concrete Frame Wood
Frontage 318
Lot Size Area 2.02
Lot Dimensions 318x280
Roads Paved Street
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
Amy Rose

Listing Agent

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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$199,900 Listed Price

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28102 M 152, Dowagiac, MI, 49047 is a Commercial Property for sale at $199,900 with 2,064 sqft and a lot size of 2.02. 28102 M 152 was built in 1962. The property's zip code is 49047 which is in Dowagiac, MI