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Restaurant Space with Commercial Kitchen
For Lease
$2,500/Mo

10 E Michigan, Galesburg, MI 49053

Main-floor space features exposed brick, wood flooring, and high ceilings.

Space Size3,500 SF
Days on Market126

Property Features for 10 E Michigan

General Information

Standard status Active
Size 3,500 SF
Net Rentable 3,500 SF
Property subtype Commercial

Space & Availability

Available Space 3,500 SF
Contiguous Space 3,500 SF
Floor Ground

Additional Details

Lease Term 60 months
Liquor License Yes

Building Details

Year Built 1900
Units 1
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Richland
Listed By: Chuck Clancy · License #6502334353
Source: Elliman
Added: Apr 28 Changed: Aug 30 Last Checked: Aug 30 at 7:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Michigan Real Estate Richland

Investment Insights

Based on property information with market context.

Located at 10 E Michigan in downtown Galesburg, this 3,500-square-foot main-floor commercial space is configured for restaurant use and includes a large commercial kitchen. The building dates to 1900 and retains architectural details including high ceilings, wood floors, and exposed brick walls.

The space can accommodate restaurant, retail, office, catering, or event-venue uses. A liquor license is available, and living space on the second floor may also be available. The proposed lease term is five years.

Key Highlights

  • 3,500‑square‑foot main‑floor commercial space
  • Large commercial kitchen already installed
  • High ceilings, wood floors, and exposed brick walls

Property Analytics

Current Use

Galesburg Hardware Building Supply Valentina's Mexican Grill ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Hair Salon

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

Yes
Liquor license
NNN (Triple Net)
Lease Type
$1.29 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 92% Dining 8%
Dollar General Shops & Services
6,376 visits/mo 0.0 miles
Marathon Shops & Services
2,889 visits/mo 0.1 miles
Pizza King Dining
805 visits/mo 0.2 miles
U-Haul Shops & Services
280 visits/mo 0.2 miles

Demographics for 49053, MI

7,371
Population
2,919
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
95%
High-School Grad
24.4 sq mi
ZIP Area
302
Density / Sq Mi
$80,074
Median Household Income
$47,870
Median Earnings
$970
Median Rent
$222,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Main-floor space features exposed brick, wood flooring, and high ceilings.
Where is this conventional restaurant located?
The property is located at 10 E Michigan Galesburg, MI.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 3,500‑square‑foot main‑floor commercial space; Large commercial kitchen already installed; High ceilings, wood floors, and exposed brick walls
More about this property
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