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Turn-Key Restaurant with Upper Space
For Sale
$259,000

354 W Chicago Street, Coldwater, MI 49036

COMMERCIAL - Coldwater, MI

Property Size2,995 SF
Lot Size0.75 Acres
Price / SF$86.48
Days on Market132

Property Features for 354 W Chicago Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1
Interior features Broadband
Elementary school district Coldwater
Middle school district Coldwater
High school district Coldwater
Directions At 1-69 and Chicago go west to 354 W Chicago.
Standard status Active
APN 304-000-000-074-00
Size 2,995 SF
Lot size 0.75 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description At listing office.
Tax Annual Amount 3713
Legal Description At listing office.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1920
Number of units 1
Building materials Vinyl Siding, Brick
Roof type Composition
Listing Agency: Case Realty Group
Listed By: Rachel Tell · License #6501442227
Added: Mar 30 Changed: Aug 4 Last Checked: Aug 8 at 11:06PM
MLS# 26012574

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key restaurant operation includes a kitchen, coolers, and supplies, along with 1.5 bathrooms. In addition to the primary eating area, the building has a large upper-level space that could support gatherings, hosting crafting events, storage, or other uses based on the buyer’s needs. The business is offered ready to go, with the current concept focused on baked goods and prepared foods, plus Michigan-made giftables and custom gift baskets.

The property is located on highly traveled US-12 and sits next to the Short's Root Beer Stand.

For more information on the current operation and what is included with the sale, contact the listing agent.

Key Highlights

  • Commercial space on highly traveled US‑12 next to the Short's Root Beer Stand
  • Building features vinyl siding and brick exterior with a composition roof
  • Heating includes forced air and cooling includes central air

Property Analytics

Current Use

Flagstar Bank Bank ATM (Flagstar Bank) Atm Coinstar Bank

Suggested Use

Top Pick Pharmacy Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Florist Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,799 visits/mo 0.1 miles
Citgo Shops & Services
4,753 visits/mo 0.2 miles
Jackson Hewitt Tax Service Shops & Services
1,132 visits/mo 0.4 miles
Muffler Man Shops & Services
648 visits/mo 0.3 miles

Demographics for 49036, MI

24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant offering a kitchen, coolers, and an upper-level area suited for gatherings or storage.
Where is this conventional restaurant located?
The property is located at 354 W Chicago Street Coldwater, MI.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Commercial space on highly traveled US‑12 next to the Short's Root Beer Stand; Building features vinyl siding and brick exterior with a composition roof; Heating includes forced air and cooling includes central air
More about this property
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