301 US 131, Three Rivers, MI 49093

$2,200,000
Property Type: Commercial Sale Square Footage: 47,264 Lot Size (sq. ft.): 317,988 Status: Active
Current Price: $2,200,000 List Date: 9/29/2025 Last Modified: 11/06/2025

Description

Prime investment opportunity located on the main retail corridor of US-131 in Three Rivers. This highly visible 47,264 SF retail building is situated on 7.3 acres with excellent accessibility and parking (+100 spaces). The property is 100% occupied by two well established tenants. Label Shopper has recently signed a 5-year lease extension. This is ideal for an investor or developer.

More Information MLS# 25049905

Location & Property Info

Cross Streets: US 131 Hwy Property Sub-Type: Retail Municipality: Three Rivers City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 46.55 Prop Avail for Lease?: No

General Property Info

New Construction: No Lot Dimensions: 400 x 795 Road Frontage: 400 Waterfront: No Total # Units: 2 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 47264 School District: Three Rivers Lot Measurement: Acres Lot Acres: 7.3 Lot Square Footage: 317988 Year Built: 1983 Full Baths: 2

Tax Info

Taxable Value: 1032536 SEV: 1043300 For Tax Year: 2024 Seller's Annual Property Tax: 63737.96 Tax Year: 2024 Homestead %: 0 Spec Assessment & Type: None known Tax ID #: 051-399-101-10

Remarks & Misc

Public Remarks: Prime investment opportunity located on the main retail corridor of US-131 in Three Rivers. This highly visible 47,264 SF retail building is situated on 7.3 acres with excellent accessibility and parking (+100 spaces). The property is 100% occupied by two well established tenants. Label Shopper has recently signed a 5-year lease extension. This is ideal for an investor or developer. Legal: On file.

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Retail: 1

Construction Type

Block: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Business Includes

Real Estate: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

County: St. Joseph Street #: 301 Street Name: US 131 State: MI Zip Code: 49093 Area: St. Joseph County - J

OfficeContract Info

Status: Active Current Price: $2,200,000 List Price: $2,200,000 Listing Date: 2025-09-29

Property Features

Uses: Retail Business Includes: Real Estate Construction Type: Block Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Purchase Terms Avail: Cash; Conventional Sale Conditions: None
Listing Office: Kalamazoo Commercial Real Estate
Listing Agent: Chad M VanDerwall
IDX
Last Updated: November - 06 - 2025
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