Corporate Surplus - Corner Retail at Busy Intersection Dowagiac, MI

Property Location MAP

102 State Rd
Dowagiac, MI 49047

Property #: KEY5142B

Contact Agent

Page Londrey
Tranzon Key

804-400-9294 Or 888-621-2110 plondrey@tranzon.com
This prime corner site is improved with a +/-11,286 s/f former Rite Aid constructed in 1998. Property featured include:
  • +/-1.59 Acre site
  • Move-in condition
  • All remaining owned store fixtures, point of sale equipment, computers, etc. convey with real estate
  • Signalized intersection
  • Zoning: B-3, General Business - Select uses include specialty and general retail, restaurants, child care, banks/credit unions/S&L’s and physical fitness clubs
  • High-visibility pylon sign
  • 56 Paved parking spaces
  • Drive-through
  • Roll-up "drive-in" door 6'w x 8'h
  • Immediate neighbors at this busy crossroads include McDonald’s, Taco Bell, Speedway, Little Caesars’, Burger King, Family Fare Super Market and  C. Wimberley Ford.
 
Parcel ID#: 14-160-205-028-00
2025 Tax Assessment: $409,900
2025 Annual Taxes: $21,661.66
 
Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Michigan real estate broker: John Bippus Co.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Page Londrey

Page Londrey: Tranzon Key

804-400-9294 plondrey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 40-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $9,900 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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