For Sale
93415 County Road 690, Dowagiac, MI 49047
$3,250,000
MLS # 26027930 (Michigan Regional Information Center (MichRIC))
3 bathsBuilt 20151.81 acres
1 / 53
Listing Description
Step into ownership of this well-established restaurant/brewery in the heart of Southwest Michigan's resort corridor (Sister Lakes). This almost 9,000 sq ft facility offers beautiful water views, creating a destination atmosphere for both locals and seasonal visitors. With multiple indoor/outdoor gathering spaces there are opportunities for both private events and public socializing. Turnkey operation with opportunity to expand. Whether you're an experienced restauranteur, brewer, or investor, this property offers the chance to own a landmark hospitality venue in one of Michigan's most beloved lake regions. Call Molly for more details.
Source: SparkMLS
About this home
This 3-bath home built in 2015 sits in Dowagiac.
Currently offered at $3,250,000.
Annual property taxes run approximately $16,268 ($1,356/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeBusiness Opportunity
Bathrooms3
Lot Size1.81 acres
Year Built2015
Location
CityDowagiac
MunicipalityKeeler Twp
Zip Code49047
CountyVan Buren
School DistrictDowagiac
Construction & Systems
ConstructionMetal Siding
HeatingForced Air
WaterWell
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected
InteriorBroadband
Sale & Financing
Listed6/8/2026
Terms AcceptedConventional, Other, Cash
Source: SparkMLS
Tax Information
Annual Tax$21,390
Tax Year2025
State Equalized Value$359,600
Taxable Value$359,600
Assessed Value$376,186
Parcel #80-12-032-122-00
Source: Public Records
Legal Description
all for parcel descriptions, 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 Molly Nate
The Shore Real Estate Group
Frequently Asked Questions about 93415 County Road 690, Dowagiac, MI 49047
Which school district serves 93415 County Road 690, Dowagiac, MI 49047?
Per MLS# 26027930, 93415 County Road 690, 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# 26027930, this listing accepts Conventional, Other, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 93415 County Road 690, Dowagiac, MI 49047?
Per public tax records, annual property taxes for this property are $21,390 (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, 93415 County Road 690, 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 93415 County Road 690, 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 utilities serve 93415 County Road 690, 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 Keeler Twp police department or the Van Buren County sheriff's office.
Map
Tax Estimate
$
Annual tax$16,268
Monthly$1,356
Millage rate45.2400 mills
Municipality: Keeler Township
School district: DOWAGIAC UNION SCHOOLS
County: Van Buren
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$22,435
Principal & interest$21,079
Property taxes$1,356
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
93415 County Road 690, Dowagiac, MI 49047
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