4661 Red Arrow Hwy - Fast Food FOR SALE


Stevensville, MI 49127
$800,000 USD
269-353-0311
4661 Red Arrow Hwy, Stevensville, MI for Sale
$800,000 USD
Fast Food - FOR SALE
1/4
null | Request Cap Rate

4661 Red Arrow Hwy
Stevensville, MI 49127


OVERVIEW

The Red Arrow Highway corridor in Stevensville, Michigan, presents significant retail and economic potential, particularly in the sectors of shopping and dining, bolstered by substantial vehicular traffic. The Village of Stevensville has demonstrated a proactive stance toward economic growth. In 2023, it achieved the Redevelopment Ready Community (RRC) designation from the Michigan Economic Development Corporation (MEDC). This recognition highlights the Stevensville’s commitment to fostering a development-friendly environment through strategic policies. The 2024-2025 Economic Development Plan emphasizes the downtown area and the Red Arrow Highway corridor, implementing marketing strategies, and encouraging redevelopment opportunities. The combination of high traffic volumes, strategic economic development initiatives, infrastructure improvements position the Red Arrow Highway corridor in Stevensville as a promising area for retail, restaurant and hospitality. Stevensville, Michigan, features a variety of national and regional retail establishments catering to the needs of residents and visitors. Notable businesses along this corridor include: Miejer, ALDI, Dunkin, Tractor Supply, AutoZone, Starbucks, Cracker Barrel and Culver’s.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

McDonald's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

HC

APN/PARCEL ID

11-12-0015-0024-09-7

ASK ABOUT THIS PROPERTY

Joshua JacobsNAI Wisinski of West MichiganMore Info
269-353-0311

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Joshua JacobsNAI Wisinski of West MichiganMore Info
269-353-0311

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