1830 Pipestone Rd - Restaurant FOR SALE


Benton Harbor, MI 49022
$975,000 USD
949-698-1105
1830 Pipestone Rd, Benton Harbor, MI for Sale
$975,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

1830 Pipestone Rd
Benton Harbor, MI 49022


HIGHLIGHTS

  • Commercial Zoning | Rare Opportunity
  • Pipestone Rd (9,300 VPD) | Interstate 94 (63,700 VPD) |
  • Fairplain Plaza (352,000 SF) | Pipestone Plaza (177,000 SF) |Nearby Grocery Stores | Primary Retail Corridor
  • New Chick-fil-A & Starbucks | Limited Casual Dining Corridor |
  • Strong Trade Area | Major Employers | Large Retail District |Nearby Hotels | Restaurant Cost Advantages | New Data Center
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an 8,500 square foot, freestanding, Vacant Restaurant property located in Benton Harbor, Michigan. The site is zoned for Commercial (D-1), providing for a wide range of commercial uses. The site presents a future investor with upside through either lease up of the space or complete redevelopment of the large 1.93 acre lot. The offering presents the opportunity to acquire a high-grade restaurant ready asset, within a growing trade area. The restaurant ready assets allows for significant construction cost savings to a user or developer, saving an estimated $1,000,000 in shell construction costs. There continues to be new retail development in the area in 2025 with Chick Fil A, Starbucks, Hobby Lobby, Home Goods, and Tractor Supply opening new locations just down the road. In addition, Benton Harbor is being eyed as the potential home of a new $3B data center located along York Avenue to accommodate the growth of AI and would had hundreds of jobs to the area.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

129

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

GC

APN/PARCEL ID

11-03-7400-0004-01-7

ASK ABOUT THIS PROPERTY

Winston GuestSRS National Net LeaseMore Info
949-698-1105

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Winston GuestSRS National Net LeaseMore Info
949-698-1105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.