312 E Sherwood Street, Decatur, MI 49045
Van Buren County
Key Facts
Description
Formally the Decatur True Value Hardware & Lumber Company, this 1.2 acre property provides unlimited potential for the next entrepreneur. Nicely finished 60' x 92' building with 3 offices spaces, 1 space that was formally a kitchen and a bathroom. Includes attached pole building, outdoor storage areas and an 80' by 40' pole building with 13' ceilings. Call today to set up a private showing.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1900
Living Area
15,286 sq ft
Lot Size
1.23 acres
Lot Dimensions
305 x 175
Parking Spaces
10
Ownership
Private Owned
Days on Market
180
MLS® Listing#
26000099
Property Features
Exterior
Cooling
Heating
Parking
Fencing
Construction
Foundation
Roof
Other Structures
Utilities
Sewer
Water Source
Schools
- District:
- Decatur
Financial Details
Annual Taxes
$10,199
Tax year 2025
Assessed Value
$139,906
Parcel Number
80-43-040-581-00
Directions
From I 94 take Exit 56 South approx. 6 miles. Left on Seneca then Right on Sherwood
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Decatur, MI
- $250,000
- Median Listing Price
- 61
- Median Days on Market
- 1,920
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 23
- Active Listings
- This home’s price is right around the area median.
- Its price per sq ft is 87% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Decatur, MI.
Location
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Points of Interest in Decatur, MI
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 401 W Saint Marys Street, Decatur Village, MI | $179,500 | 2 | 1 | 1,272 |
| 401 W Saint Marys Street, Decatur, MI | $179,500 | 2 | 1 | 1,272 |
| 84133 42nd Street, Decatur, MI | $199,900 | — | 1 | — |
| 45523 Eleanor Drive, Decatur, MI | $239,000 | 3 | 2 | 1,980 |
| 45523 Eleanor Drive, Decatur Township, MI | $239,000 | 3 | 2 | 1,980 |
| 312 E Sherwood Street, Decatur Village, MI | $250,000 | — | 1 | 15,286 |
Moving Cost Estimate
EXIT Agents in Decatur
Listing Courtesy: RE/MAX Advantage - 2693233900
Presented by: David Cerven