For Sale
54474 M 51 N, Dowagiac, MI 49047
$125,000
MLS # 25043710 (Michigan Regional Information Center (MichRIC))
1 bathBuilt 19001.94 acres
1 / 21
Listing Description
Fantastic opportunity to own a versatile commercial/residential property on nearly 2 acres! The first building is just under 2,500 sqft and offers a storefront with great visibility plus a 2-bedroom, 1-bath apartment, perfect for rental income or live/work convenience. The second building is a solid block structure (60x35) featuring a 10' overhead door, ideal for storage, workshop, or business operations. With flexible zoning and plenty of space to expand, this property is well-suited for entrepreneurs, investors, or those seeking a mixed-use setup. Prime potential with room to grow!
Source: SparkMLS
About this home
Located in Dowagiac, this property offers 1-bath, with original construction dating to 1900.
Asking $125,000.
Estimated annual property tax: $1,135, or about $95 monthly. 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 7,000 Mbps across 7 providers.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeBusiness Opportunity
Bathrooms1
Lot Size1.94 acres
Year Built1900
Location
CityDowagiac
MunicipalitySilver Creek Twp
Zip Code49047
CountyCass
School DistrictDowagiac
Construction & Systems
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesElectricity Available, Electricity Connected
Sale & Financing
Listed12/26/2025
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,135
Tax Year2024
Assessed Value$25,982
Parcel #14-130-025-012-00
Source: SparkMLS
Legal Description
Long legal see taxes
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 Browning Chabot
Cressy & Everett Real Estate
Frequently Asked Questions about 54474 M 51 N, Dowagiac, MI 49047
Which school district serves 54474 M 51 N, Dowagiac, MI 49047?
Per MLS# 25043710, 54474 M 51 N, 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 financing options are available for 54474 M 51 N, Dowagiac, MI 49047?
Per MLS# 25043710, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 54474 M 51 N, Dowagiac, MI 49047?
Per public tax records, annual property taxes for this property are $1,135 (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, 54474 M 51 N, 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 54474 M 51 N, 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 54474 M 51 N, Dowagiac, MI 49047. The maximum advertised download speed is 7.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 54474 M 51 N, Dowagiac, MI 49047?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Sewer: Septic Tank. 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$811
Principal & interest$811
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
7 Gbps
Upload
7 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatellite
7 providers at this address
FCC 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
54474 M 51 N, Dowagiac, MI 49047
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