321 State Street, St. Joseph, MI 49085
Berrien County
Key Facts
Description
Excellent winery brand expansion opportunity in prime Southwest Michigan Beach Town. The current established operation boasts 10+ years of consistent growth and profitability in Michigan's thriving wine region. Located in prime downtown St. Joseph, MI known nationally for its stunning beaches only 90 miles from Chicago. Newly remodeled 2000 sq tasting room is ready for immediate business includes, 2 handicap accessible bathrooms and full basement. Current lease is in place until 12/31/31 with opportunity for renewal for an additional 10 years. Business is located in a Michigan Social District area with licensing allows for additional yearly revenue. Sale includes custom built tasting bar and tables, lease takeover, business tasting room assets, business name, trademark, logo, and other proprietary rights. Does not include license, building or equipment. See mls # 26029686 for sale of winery/distillery production building, inventory and equipment purchase.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1886
Stories
1
Living Area
2,000 sq ft
Lot Size
0.15 acres
Lot Dimensions
irregular
MLS® Listing#
26029690
Property Features
Cooling
Heating
Construction
Utilities
Sewer
Water Source
Schools
- District:
- St. Joseph
Financial Details
Assessed Value
$135,911
Parcel Number
11-76-0170-0001-00-2
Directions
Main St, to West on Broad to State St.
Affordability Calculator
$79,000
Estimated monthly payment
$2,102/mo
Principal $316,000 · Est. interest $440,848 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in St. Joseph, MI
- $319,545
- Median Listing Price
- 34
- Median Days on Market
- 1,743
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 483
- Active Listings
- This home’s price is 24% above the area median.
- Its price per sq ft is 14% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in St. Joseph, MI.
Location
Points of Interest in St. Joseph, MI
Showing the St. Joseph area map.
Nearby Schools
Our Lady of the Lake Catholic School
Secondary · 0.2 mi away
Trinity Lutheran Church
School · 0.2 mi away
Trinity Lutheran School
School · 0.3 mi away
Bridge Academy of Southwest Michigan
School · 0.9 mi away
Benton Harbor Charter School Academy
School · 1.0 mi away
Tri-County Head Start
School · 1.0 mi away
Benton Harbor Area Schools
School · 1.0 mi away
Lincoln Elementary School
Elementary · 1.1 mi away
Dream Academy
School · 1.2 mi away
Mildred C. Wells Academy
School · 1.2 mi away
St Joseph High School
Secondary · 1.3 mi away
M-Tech Center
School · 1.3 mi away
Benton Harbor High School
Secondary · 1.3 mi away
Calvin Britian Elementary School
Elementary · 1.5 mi away
River of Life Christian School
School · 1.5 mi away
St Matthews Lutheran School
School · 1.5 mi away
Fair Plain Northwest LRNG Academy
School · 1.5 mi away
Benton Harbor Area Schools
School · 1.9 mi away
Career and Alternative Pathways To Education Center
School · 1.9 mi away
Sterne Brunson School
School · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2116 Country Club Drive, St Clair Shores City, MI | $276,600 | 2 | 2 | 1,527 |
| 653 Chesaning Street, St Charles Village, MI | $279,000 | — | — | 6,800 |
| 19924 Chalon Street, St Clair Shores City, MI | $279,900 | 3 | 3 | 2,514 |
| 1729 W Monroe Road, St Louis, MI | $279,900 | — | 1 | 7,775 |
| 5085 W Redstone Road, St Louis, MI | $279,900 | 4 | 2 | 2,357 |
| 20323 Cedar Street, St Clair Shores City, MI | $279,900 | 5 | 3 | 2,299 |
Moving Cost Estimate
EXIT Agents in St. Joseph
Listing Courtesy: Realty Executives Instant Equity - 2699837721
Presented by: Jill Golden