Listing provided courtesy of @properties Christie's International R.E.- MLS# 25003158MLS Provider

103 W Smith StreetBuchanan, MI 49107

Vacant Land · 2.81 Acres
$50,000 Active

103 W Smith Street Overview

Time on Site:
517 days
Visits:
5

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. City leadership has expressed enthusiasm about working collaboratively with developers to help bring new housing opportunities to the community. Opportunities like this are becoming increasingly difficult to find -- multiple contiguous and nearby parcels, residential zoning already in place, and a municipality actively supportive of redevelopment. Conveniently located near downtown Buchanan, major roadways, and area amenities, this site offers both accessibility and long-term upside potential. Additional parcel available: 710 S Oak Street. Contact listing agent for assemblage possibilities, zoning details, and development discussions.

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103 W Smith Street Facts & Features

  • Type Vacant Land
  • Lot 2.81 Acres

Details

General

Location/Region

  • County Or Parish: Berrien
  • MLS Area Major: Southwestern Michigan - S
  • MLS Area Minor: Southwestern Michigan - S

Tax Information

  • Tax Annual Amount: 53.0

General Information

  • Parcel Number: 58-0035-0190-00-7
  • Property Sub Type: Industrial Land
  • Property Type: Land

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Adj to Public Land
  • Lot Size Acres: 2.81
  • Lot Size Area: 2.81
  • Lot Size Dimensions: 168*434*433*133*825*233
  • Lot Size Square Feet: 122404.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: None

103 W Smith Street Neighborhood

Community

49107 (Buchanan) Demographics

45
Median Age
152
Population Density (per sq. mile)
26%
College Educated
$55,139
Estimated Median Income
3,099
Estimated Total Home Owners
987
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

103 W Smith Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

103 W Smith Street Market Data

Based on the last 30 days in this zip code

$505,171
Average List Price
$241
Average Price per Square Foot
8
Properties Sold
57
Average Days on Market
83
Properties for Sale
Calculations provided by Reliance Network