For Sale
103 W Smith Street, Buchanan, MI 49107
$50,000
MLS # 25003158 (Michigan Regional Information Center (MichRIC))
2.81 acres
1 / 17
Listing Description
Prime development opportunity in the growing City of Buchanan! 103 Smith Street is now part of a larger potential assemblage offering developers a rare chance to secure a strategic residential redevelopment site with expanded access and multiple acquisition possibilities. This parcel now benefits from additional accessibility through the newly available neighboring property at 710 S Oak Street, creating improved layout flexibility and development potential. Even more exciting, the City of Buchanan is currently offering approximately 3-4 additional acres directly across the street, bringing the total potential opportunity to approximately 3-7 combined acres depending on acquisition structure. Recently rezoned from industrial to residential, this area is positioned perfectly for a much-needed multifamily housing development, townhomes, workforce housing, senior housing, or other residential redevelopment concepts.
Source: SparkMLS
About this home
Asking $50,000.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeLand
Property SubtypeIndustrial Land
Bathrooms0
Lot Size2.81 acres
Location
CityBuchanan
MunicipalityBuchanan City
Zip Code49107
CountyBerrien
School DistrictBuchanan
Construction & Systems
UtilitiesNone
Sale & Financing
Listed1/15/2026
Original Price$21,075
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$53
Tax Year2024
Assessed Value$3,600
Parcel #58-0035-0190-00-7
Source: SparkMLS
Legal Description
COM AT NW COR LOT 28 A C DAYS ADD TO BUCHANAN TH S TO MAIN LN NYC RR TH WLY ON MAIN LN TO SPUR TR TH NELY ON SPUR TO PT W OF BEG TH E TO POB SEC 35 T7S R18W
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Christina Castaneda
@properties Christie's International R.E.
Frequently Asked Questions about 103 W Smith Street, Buchanan, MI 49107
Which school district serves 103 W Smith Street, Buchanan, MI 49107?
Per MLS# 25003158, 103 W Smith Street, Buchanan, MI 49107 is in the Buchanan boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Buchanan directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 25003158, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 103 W Smith Street, Buchanan, MI 49107?
Per public tax records, annual property taxes for this property are $53 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 103 W Smith Street, Buchanan, MI 49107 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 103 W Smith Street, Buchanan, MI 49107 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 103 W Smith Street, Buchanan, MI 49107. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 103 W Smith Street, Buchanan, MI 49107?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Buchanan City police department or the Berrien County sheriff's office.
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Monthly payment$324
Principal & interest$324
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
9 providers at this address
AT&TFiber
5 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TDSL
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
103 W Smith Street, Buchanan, MI 49107
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Municipality
Buchanan Township
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