For Sale
402 S Oak Street, Buchanan, MI 49107
$649,000
MLS # 26033920 (Michigan Regional Information Center (MichRIC))
2 bathsBuilt 19200.73 acres
1 / 7
Listing Description
Industrial property available for sale in Buchanan, Michigan. Situated on 0.73 acres, the property features three buildings with a variety of industrial, storage, and specialty-use opportunities. One building was previously operated as a cannabis cultivation facility and retains much of its existing infrastructure. A separate pole building provides additional storage, while the remaining buildings offer value-add potential through interior completion. This flexible property is well suited for owner-users, investors, and specialized operators alike.
Source: SparkMLS
About this home
This 2-bath home built in 1920 sits in Durand in Buchanan.
Listed at $649,000.
Estimated annual property tax: $8,062, or about $672 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeIndustrial
Bathrooms2
Lot Size0.73 acres
Year Built1920
Location
CityBuchanan
MunicipalityBuchanan City
Zip Code49107
CountyBerrien
School DistrictBuchanan
Construction & Systems
ConstructionAluminum Siding, Other
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
InteriorBroadband
Sale & Financing
Listed7/5/2026
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$8,062
Tax Year2026
Assessed Value$118,002
Parcel #11-58-1500-0013-00-2
Source: SparkMLS
Legal Description
On File
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 Eric Bolles
Callander Commercial
Frequently Asked Questions about 402 S Oak Street, Buchanan, MI 49107
Which school district serves 402 S Oak Street, Buchanan, MI 49107?
Per MLS# 26033920, 402 S Oak 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.
Can I use FHA or VA financing for this property?
Per MLS# 26033920, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 402 S Oak Street, Buchanan, MI 49107?
Per public tax records, annual property taxes for this property are $8,062 (2026). 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, 402 S Oak 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 402 S Oak 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 utilities serve 402 S Oak Street, Buchanan, MI 49107?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy 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.
Map
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Monthly payment$4,209
Principal & interest$4,209
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
402 S Oak Street, Buchanan, MI 49107
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Municipality
Durand
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