135 S Broadway Street, Cassopolis, MI 49031 (MLS# 25061296)
135 S Broadway Street, Cassopolis, MI 49031
$700,000
Property Type:
Commercial Sale
Square Footage:
5,760
Lot Size (sq. ft.):
6,025
Status:
Active
Current Price:
$700,000
List Date:
12/09/2025
Last Modified:
12/09/2025
Overview
Description
Investment opportunity in the heart of Downtown Cassopolis! This restaurant/Bar will be leased at closing so it will be a great cashflow for the new owner with a NNN lease at 5,250 per month. Sale will include the Liquor license.
Listing Details MLS# 25061296
Location Property Info
- County
- Cass
- Street #
- 135
- Street Direction
- S
- Street Name
- Broadway
- Suffix
- Street
- State
- MI
- Zip Code
- 49031
- Zip (4)
- 1242
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.5
- Lot Square Footage
- 6025
- Lot Dimensions
- 43 x 136 x 33 x 136
- Year Built
- 1987
- Road Frontage
- 43
- Mineral Rights
- Unknown
- Year Remodeled
- 2016
- Total # Units
- Yes
- # Fin Bldg Lvls
- 5219
- Total # Bldgs
- Yes
- Total SqFt
- 5760
- Total Net SqFt
- 5760
- Property Use Type
- Business
- Full Baths
- 2
- Waterfront
- No
- School District
- Cassopolis
Tax Info
- Tax ID #
- 14-041-109-005-50
- Taxable Value
- 90600
- SEV
- 90600
- For Tax Year
- 2024
- Seller's Annual Property Tax
- 5408
- Tax Year
- 2024
- Spec Assessment & Type
- None Known
- Zoning
- C- Com Bus
- Homestead %
- 0
Additional Details
- Total Parking Spaces
- 30
Income and Expenses
- Gross Op Income ($)
- 63000
- Net Operating Income
- 63000
- Total Actual Rent
- 63000
- Annual Maint ($)
- 0
- Annual Mgt Fees ($)
- 0
- Annual Prop Ins ($)
- 0
- Annual Utilities ($)
- 0
More Information
Unit 1
- Unit Description
- Restaurant/Bar
- SqFt
- 5760
- Occupied
- Yes
- Rent $/Month
- 5250
- # HVAC
- Yes
- # Baths
- 2
- Tenant Pays Electric
- Yes
- Tenant Pays Gas
- Yes
- Tenant Pays Other
- Yes
- Tenant Pays Sewer
- Yes
- Tenant Pays Trash
- Yes
- Tenant Pays Water
- Yes
Location & Property Info
- Cross Streets
- E State St
- Property Sub-Type
- Business Opportunity
- Area
- Southwestern Michigan - S
- Municipality
- Cassopolis Vllg
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 121.53
- Prop Avail for Lease?
- No
- Current Bldg Use
- Bar, Tavern, Lounge, Restaruant
Remarks & Misc
- Public Remarks
- Investment opportunity in the heart of Downtown Cassopolis! This restaurant/Bar will be leased at closing so it will be a great cashflow for the new owner with a NNN lease at 5,250 per month. Sale will include the Liquor license.
- Legal
- L 393 P 461 V-115 S 10 FT LOT 5 & N HAF LOT 6 B1S-1E VIL CASSOPOLIS.
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Investment
- Yes
- Net Leased (nnn)
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Bar/Tavern/Lounge
- Yes
- Restaurant
- Yes
Construction Type
- Concrete
- Yes
Exterior Material
- Brick
- Yes
- Stone
- Yes
Roofing
- Other
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Furniture
- Yes
- Licenses
- Yes
- Real Estate
- Yes
Additional Features
- Bath Common Area
- Yes
Util Avail at St
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Seller Rent Back
- Yes
- Subject To Tenant Rights
- Yes
Property Features
Property Use:
Investment; Net Leased (nnn)
Uses:
Bar/Tavern/Lounge; Restaurant
Ownership:
LLC
Business Includes:
Furniture; Licenses; Real Estate
Construction Type:
Concrete
Exterior Material:
Brick; Stone
Roofing:
Other
Additional Features:
Bath Common Area
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St:
Electricity Available; Natural Gas Available; Phone Available
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Street Type:
Paved; Public
Purchase Terms Avail:
Cash; Conventional
Sale Conditions:
None
Unit 1:
Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Possession:
Seller Rent Back; Subject To Tenant Rights
Listing Office:
R1 Property Group
Listing Agent:
John Tiffany
Last Updated: December - 09 - 2025
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