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Improved Commercial Land for Sale in Dowagiac, Michigan

28102 M 152, Dowagiac, MI 49047

$199,900
2 acres
Active
ago
Est $1,293/mo

Rare Opportunity to Own a Local Landmark! The iconic Lutz's Drive-In restaurant is now available, ideally located just west of the high-traffic intersection of M-51 and M-152. This turn-key offering includes approximately 2 acres of commercial property, a 2,064 SF restaurant building, and 16 covered drive-in spaces-perfect for classic carhop service or outdoor events. The sale includes all on-site restaurant equipment-including freezers, coolers, pizza ovens, tables, chairs, tableware, and more-allowing for immediate operation or rebranding. The dining room has been recently renovated with new flooring, tables, and booths, enhancing the indoor customer experience. Outdoor dining areas and a second vacant parcel provide added value and potential for future development. Just minutes from Sister Lakes, one of Michiana's top vacation destinations, this high-visibility location is ideal for restaurateurs, developers, or investors seeking to revive a beloved staple or build something new.

2,064
Sq feet
2
Full baths
1962
Built

Location

Street address
28102 M 152
Community
Southwestern Michigan - S
School district
Dowagiac
Elevation
761 feet
Coordinates
42.0567, -86.1096

Directions

Approx 4-5 miles north of Dowagiac on M-51 to intersection of M-152; restaurant is approx 500 ft west of intersection on M-152

Property details

Acreage
2.02 acres
MLS #
MichRIC 25059343
Posted

Property taxes

2024
$3,765 - on file

Parcels

  • 14-130-001-014-00

Details and features

Listing

Type
Commercial Sale

Exterior

Parking Spaces
50

Structure

Water
Well
Heating
Forced Air
Cooling
Central Air

Interior

Rooms
Bathroom x 2
Features
Broadband

Property utilities

CategoryTypeStatusDescription
GasNatural GasAvailable

Listing history

DateEventPriceChangeSource
Nov 21, 2025New listing$199,900MichRIC
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This 2.02-acre property is located at 28102 M 152 in Dowagiac, MI 49047. The property is available for sale for $199,900. It has a 2,064 sq ft structure built in 1962.

Checked 1 hour ago — Updated

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Copyright (C) 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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