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50463 M152 Dowagiac, MI $ 240,000
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$ 240,000 Get more info
50463 M152
$ 240,000
Back to search
Share Save

50463 M152

Dowagiac, MI, 49047
$ 240,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 1,478

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Commercial Property for sale in Dowagiac, MI

for $240,000 with 2 full baths. This 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 café, 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.

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Commercial Active

Price

$ 240,000

Full Bath

2

Property Type

Commercial

Taxes

$ 878

Style

Business

Lot Size

0.52

Year Built

1965

Town/City

Dowagiac

County/Region

Cass

MLS | Web ID

26000801
Features
General
Heating Forced Air
Utilities Electricity Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Year Built 1965
Township Silver Creek Twp
Property Subtype Business
Tax Year 2025
Business Type Other Professional/Office Professional Service Restaurant Retail Recreation
County Cass
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
Directions 92 Ave to M152 south to property
City Dowagiac
Body of Water Magician Lake
High School District Dowagiac
Number Of Units Total 2
MLS Area Southwestern Michigan - S
Lot Size Units Acres
Lot Size Square Feet 22651.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 878.0
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
Standard Status Active
Tax Assessed Value 20714
Legal Description 408-949 381-1111 372-814 918-I 5S-16W LOTS 122 123 & 124 LAKEVIEW SUB.
Senior Community None
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Exterior
Water Source Well
Inclusions Real Estate Furniture Equipment
Lot Size Area 0.52
Number of Buildings 2
Spa N
Building Area Total 1328.0
Lot Dimensions 149 x 152
Lot Size Acres 0.52
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Heating Y/N Y
Total Baths 2
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Internal Only
Street Number 1 50463
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* Excluded Features
List By
Cressy & Everett Real Estate

Broker

judemurray@cressyeverett.com

Email

Affordability Calculator

$1,551
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,478
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2026$240,000 Listed Price

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50463 M152, Dowagiac, MI, 49047 is a Commercial Property for sale at $240,000 with a lot size of 0.52. 50463 M152 has 2.0 baths and was built in 1965. The property's zip code is 49047 which is in Dowagiac, MI

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