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Sold
  • $347,000

    502 Claremont St, Buchanan, MI 49107

    5beds
    22,134sqft
    Single Family Residence
    Built in 1958
    1.21 Acres Lot
    $370,200 Zestimate®
    $16/sqft
    $2,752 Estimated rent

    Home value

    $370,200

    $318,000 - $433,000

    $2,752/mo

    Zestimate® history
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    What's special

    Welcome to the opportunity to own this historic elementary school in Buchanan, MI built in the 1950's and offering endless possibilities for the savvy investor, entrepreneur of make it your home. Boasting over 22,000 square feet, this property is a blank canvas just waiting to be transformed into your dream venture. Whether you're looking to create a unique residential space, a commercial development, or a community center, this property is a rare find that can be customized to meet your specific needs. Currently zoned as multi-use and has 36 on-site parking spots with additional street parking available. Mechanicals are in working order along with roof work being completed. This property is in a location that offers easy access to local amenities, attractions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jen Tabor 773-931-1994,

    R1 Property Group

    Bought with:

    Julie Quardokus, 6501426921

    Cressy & Everett Real Estate

    Source: MichRIC,MLS#: 24044202MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • 1/2 bathrooms: 3
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Bedroom 2
    • Level: Upper
    • Area: 840
    • Dimensions: 30.00 x 28.00
    Bedroom 3
    • Level: Upper
    • Area: 840
    • Dimensions: 30.00 x 28.00
    Bedroom 4
    • Level: Upper
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Bedroom 5
    • Level: Upper
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Bathroom 1
    • Level: Main
    • Area: 420
    • Dimensions: 15.00 x 28.00
    Bathroom 2
    • Level: Main
    • Area: 420
    • Dimensions: 15.00 x 28.00
    Bathroom 3
    • Level: Lower
    • Area: 48
    • Dimensions: 6.00 x 8.00
    Bonus room
    • Level: Lower
    • Area: 288.75
    • Dimensions: 16.50 x 17.50
    Great room
    • Level: Lower
    • Area: 2139
    • Dimensions: 69.00 x 31.00
    Kitchen
    • Level: Lower
    • Area: 450
    • Dimensions: 30.00 x 15.00
    Living room
    • Level: Lower
    • Area: 1440
    • Dimensions: 45.00 x 32.00
    Office
    • Level: Lower
    • Area: 162.75
    • Dimensions: 10.50 x 15.50
    Office
    • Level: Main
    • Area: 640
    • Dimensions: 32.00 x 20.00
    Office
    • Level: Main
    • Area: 594
    • Dimensions: 22.00 x 27.00
    Other
    • Level: Lower
    • Area: 490
    • Dimensions: 17.50 x 28.00
    Other
    • Level: Lower
    • Area: 490
    • Dimensions: 17.50 x 28.00
    Other
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Other
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Other
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Other
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Other
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Other
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Other
    • Level: Main
    • Area: 420
    • Dimensions: 28.00 x 15.00
    Other
    • Level: Main
    • Area: 784
    • Dimensions: 28.00 x 28.00
    Recreation
    • Level: Upper
    • Area: 840
    • Dimensions: 30.00 x 28.00
    Heating
    • Baseboard, Forced Air
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Refrigerator
    • Laundry: None
    Features
    • Eat-in Kitchen
    • Flooring: Carpet
    • Windows: Screens
    • Basement: Full,Slab,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 15,534
    • Total interior livable area: 22,134 sqft

    Property

    Features
    • Stories: 3
    Lot
    • Size: 1.21 Acres
    • Dimensions: 180 x 355
    • Features: Corner Lot, Sidewalk, Ground Cover, Shrubs/Hedges
    Details
    • Parcel number: 115862100025006
    • Zoning description: Multi-Use

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Concrete
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Available

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Buchanan

    Financial & listing details

    • Price per square foot: $16/sqft
    • Tax assessed value: $33,626
    • Annual tax amount: $2,000
    • Date on market: 8/22/2024
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/5/2025Sold$347,000-8.4%$16/sqft
    Source: MichRIC #24044202 Report a problem
    3/1/2025Contingent$379,000$17/sqft
    Source: MichRIC #24044202 Report a problem
    11/6/2024Price change$379,000-5%$17/sqft
    Source: MichRIC #24044202 Report a problem
    8/22/2024Listed for sale$399,000+6.4%$18/sqft
    Source: MichRIC #24044202 Report a problem
    11/25/2023Listing removed--
    Source: MichRIC #23022888 Report a problem
    6/30/2023Listed for sale$375,000$17/sqft
    Source: MichRIC #23022888 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49107

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ottawa Elementary School
    • Middle: Buchanan Middle School
    • High: Buchanan High School

    Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $370,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $370,200