917 Pearl Street, St. Joseph, MI 49085 (MLS# 26043546)

917 Pearl Street, St. Joseph, MI 49085

$2,495,000

Property Type: Commercial Sale Square Footage: 14,086 Lot Size (sq. ft.): 35,240 Status: Active

Current Price: $2,495,000 List Date: 8/19/2026 Last Modified: 8/20/2026

Overview

Description

Prime St. Joseph investment opportunity! This well-positioned 18-unit apartment building offers an excellent opportunity to own a sizable multifamily asset. Located near the vibrant downtown St. Joseph area, Lake Michigan beaches, shopping, dining, parks, and local amenities, the property provides strong potential for both investors and owner-operators. With 18 units under one roof, this property offers attractive economies of scale and the opportunity to maximize rental income through thoughtful management and continued improvements. St. Joseph's strong rental demand, desirable location, and proximity to Lake Michigan make this an exciting addition to a multifamily portfolio. Opportunities of this size and location are rarely available in St. Joseph. Schedule your showing today!

Supplements: Building gutted to studs, totally remodeled. All new electric, separate meters with tenants paying electric. Washer & dryer in units. 18 total parking spaces (4 rented from church, 14 belong to apartment).

Listing Details MLS# 26043546

Location Property Info

County: Berrien
Street #: 917
Street Name: Pearl
Suffix: Street
State: MI
Zip Code: 49085
Zip (4): 1387

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.81
Lot Square Footage: 35240
Lot Dimensions: 132 x 267
Year Built: 1910
Road Frontage: 132
Mineral Rights: Unknown
Total # Units: 18
# Fin Bldg Lvls: 14086
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total SqFt: 14086
Total Net SqFt: 14086
Full Baths: 18
Waterfront: No
School District: St. Joseph

Tax Info

Tax ID #: 76-0340-0425-00-8
Taxable Value: 316856
SEV: 447900
For Tax Year: 2025
Seller's Annual Property Tax: 18443.38
Tax Year: 2026
Non-Conforming Use: Yes
Zoning: 201 Commercial

Remarks Misc

Directions: Heading south of Main st, take Pearl st east until arrival at property.

Additional Details

Total Parking Spaces: 18
Ceiling Height: 9

More Information

Waterfront Options

Water Access Y/N: No

Unit 1

Unit Description: Two bedroom one bath
Identical Units: 12
SqFt: 800
Occupied: Yes
Rent $/Month: 14001495
# HVAC: Yes
# Baths: Yes

Unit 2

Unit Description: One bedroom one bath
Identical Units: 6
SqFt: 750
Occupied: Yes
Rent $/Month: 11001250
# HVAC: Yes
# Baths: Yes

Property Features

Property Use: Investment Uses: Other Ownership: LLC Business Includes: Real Estate Construction Type: Block Exterior Material: Brick Roofing: Rubber Foundation: Brick/Mortar Tenant Pays All: Electric Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected Util Avail at St: Electricity Available; High Speed Internet Heat Source: Natural Gas Heat Type: Steam Air Conditioning: Mini-Split Driveway: Concrete Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Unit 1: Tenant Pays Electric Unit 2: Tenant Pays Electric Possession: Close Of Escrow

Listing Office: Keller Williams GR East

Listing Agent: John Zuluaga-Torres

Last Updated: August - 20 - 2026

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