163 Colfax Benton Harbor MI, 49022

Price:

$

570,000

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The original House of David Hotel! Here's the chance of a lifetime! This is a wonderful, heavily built concrete structure, with massive floors and walls, and ready for restoration. A new roof was put on several years ago, and the buyer has first option to buy the large parking lot on the north side of the building that goes all the way to Main Street. This could be a phenomenal place for Art Galleries on the main floor, and condos on the upper 3 floors, or rent out the entire lower level for any type of retail and use the upper for apartments. Endless possibilities and the place has a ton of square footage (over 40,000 sq. ft)! Local contractor who has expert knowledge of the stone facade restoration has viewed the building and is willing to work with the new owner for an entire exterior