1830 Pipestone Rd, Benton Harbor, MI 49022
8,500 SF | Retail Building | Benton Harbor, MI 49022 | $1,998,000 ($235/SF)
For Sale
Active
Asking Price $1,998,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 8,500 SF
- Price / Square Foot
- $235
Listing Contacts
Winston Guest
Michael Carter
Frank Rogers
- Property Info
Property 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 with Chick Fil A and Starbucks opening new locations just down the road (see aerial on page 10). 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.
Property Details
- Class
- C
- Year Built
- 1990
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 84,071 SF
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
All available spaces
- Space
- 1st Floor
- Size
- 8,500 SF
- Condition
- Partial Build-Out
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