$475,000
$25K PRICE DROP

721 E Bridge St Plainwell, MI 49080

Estimated payment $2,887/month

Total Views 8,532
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Corner Lot: Yes
  • High Speed Internet

About This Home

Rare opportunity to own a truly one-of-a-kind historic grainery converted into a 3-unit townhouse building with incredible character! Many original grainery features were thoughtfully incorporated into each unit. The two upper-level townhouses each offer 2 bedrooms, 1 1/2 baths, in-unit laundry, and access to a rooftop patio with sweeping views. (Both of these units have the same layout.) The main-level unit provides flexible use as either a commercial space with 1/2 bath or living area and a finished lower-level living area including a kitchen, full bath, laundry, and potential for 2 bedrooms with minor modifications—plus a private patio. As a bonus, a real historic caboose on the property has also been utilized as a rental/commercial unit. Strong rental history makes this a unique income-producing property with endless possibilities! also includes parcel #03-55-270-028-00 Redundant listing - other MLS#25050663

Listing Agent

Cheri Schulz

Berkshire Hathaway HomeServices MI License #6502136063 Listed on: 08/25/2025

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,633

Year Built

  • Built in 1890

Lot Details

  • 6,665 Sq Ft Lot
  • Lot Dimensions are 120x180x113
  • Corner Lot: Yes

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Parking

  • 11 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Utility Expense $220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,633

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120x180x113
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Corner Lot: Yes
  • Roofing:Metal: Yes
  • Extras:Sep Gas Meter: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Rare opportunity to own a truly one-of-a-kind historic grainery converted into a 3-unit townhouse building with incredible character! Many original grainery features were thoughtfully incorporated into each unit. The two upper-level townhouses each offer 2 bedrooms, 1 1/2 baths, in-unit laundry, and access to a rooftop patio with sweeping views. (Both of these units have the same layout.) The main-level unit provides flexible use as either a commercial space with 1/2 bath or living area and a finished lower-level living area including a kitchen, full bath, laundry, and potential for 2 bedrooms with minor modifications—plus a private patio. As a bonus, a real historic caboose on the property has also been utilized as a rental/commercial unit. Strong rental history makes this a unique income-producing property with endless possibilities! also includes parcel #03-55-270-028-00
  • Remarks Misc: Agent Only Remarks: Property being sold ''as-is'' seller will not do any repairs/updates. To get into caboose, go around behind it to the stairs leading to the road side entrance. Tenants are month to month, one has been there for 6 years, the other a couple. Both would like to stay, seller says they are ''good tenants.'' Main unit/C and caboose are not currently rented. Seller used Main unit/C as his shop/Busniess. Age of building (it was moved there about 1910) is unknown, but thinking 1850-1870. Lot dimensions are estimate, buyer to confirm. Aerials are not accurate.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full
  • Basement: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 475000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 11.0
  • General Property Info:Total Parking Spaces: 11.0
  • Extras:Carports: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, In Unit, Washer Hookup
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 120x180x113
  • Lot Size Sq Ft: 6665.0

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4633.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,497 $131,300 $18,600 $112,700
2024 $4,055 $110,800 $10,200 $100,600
2023 $4,045 $68,300 $9,100 $59,200
2022 $4,055 $61,400 $7,100 $54,300
2021 $3,905 $59,100 $7,100 $52,000
2020 $3,958 $59,900 $8,300 $51,600
2019 $3,914 $91,900 $8,300 $83,600
2018 $0 $66,800 $10,100 $56,700
2017 $0 $61,200 $8,900 $52,300
2016 $0 $49,200 $4,200 $45,000
2015 -- $49,200 $4,200 $45,000
2014 -- $56,300 $0 $0
2013 -- $80,700 $3,100 $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Price Changed $475,000 -5.0% --
08/25/2025 08/25/25 For Sale $500,000 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $42,000 Chicago Title Of Michigan In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $34,000 Commercial
Source: Public Records

Source: MichRIC

MLS Number: 25043254

MichRIC

APN: 55-270-028-10

Michigan Allegan County Plainwell 49080

721 E Bridge St, Plainwell, MI

For Sale

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MichRIC Information is deemed reliable but not guaranteed.
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Cheri Schulz
Listing Agent
Cheri Schulz
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Berkshire Hathaway HomeServices MI
(269) 895-5638