For Sale
50463 M152, Dowagiac, MI 49047
$210,000
MLS # 26000801 (Michigan Regional Information Center (MichRIC))
2 bathsBuilt 19650.52 acres
1 / 27
Listing Description
Unlock the potential of this versatile commercial opportunity located in a thriving summer destination! Currently operating as a popular ice cream & hot dog shop, this property offers endless possibilities for entrepreneurs and investors. Whether you're dreaming of a café, kayak rental hub, retail space, or an entirely new venture, the flexible layout and prominent location invite creativity. Sale includes an additional residential lot—perfect for future expansion or added investment potential—and comes with deeded lake egress rights to Magician lake, giving you a unique edge in this popular tourist area. With steady seasonal traffic and visibility, this property is primed for your next big idea.
Source: SparkMLS
About this home
2-bath home in Dowagiac built in 1965.
Asking $210,000.
Annual property taxes run approximately $878 ($73/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
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 2,048 Mbps across 8 providers.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeBusiness Opportunity
Bathrooms2
Lot Size0.52 acres
Year Built1965
Location
CityDowagiac
MunicipalitySilver Creek Twp
Zip Code49047
CountyCass
School DistrictDowagiac
Construction & Systems
HeatingForced Air
WaterWell
UtilitiesElectricity Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed1/7/2026
Original Price$240,000
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$878
Tax Year2025
Assessed Value$20,714
Parcel #14-130-155-122-00
Source: SparkMLS
Legal Description
408-949 381-1111 372-814 918-I 5S-16W LOTS 122, 123 & 124 LAKEVIEW SUB.
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 Judith A Murray
Cressy & Everett Real Estate
Frequently Asked Questions about 50463 M152, Dowagiac, MI 49047
Which school district serves 50463 M152, Dowagiac, MI 49047?
Per MLS# 26000801, 50463 M152, Dowagiac, MI 49047 is in the Dowagiac boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Dowagiac directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26000801, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 50463 M152, Dowagiac, MI 49047?
Per public tax records, annual property taxes for this property are $878 (2025). 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, 50463 M152, Dowagiac, MI 49047 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 50463 M152, Dowagiac, MI 49047 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 50463 M152, Dowagiac, MI 49047. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 50463 M152, Dowagiac, MI 49047?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Water: Well. 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 Silver Creek Twp police department or the Cass County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,362
Principal & interest$1,362
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
2 Gbps
Upload
1 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
8 providers at this address
Sister Lakes CableFiber
2 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsFrontierDSL
10 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
50463 M152, Dowagiac, MI 49047
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