Building Details

Building Size 5,424 SF

Year Built 1996

Listing Agency: Howard Hanna Real Estate Services-Tecumseh r***@howardhanna.com Show Phone

Listed By: Robert Fox · License #6502134917

Source: Erareardonrealty

Added: Aug 22 Changed: Aug 28 Last Checked: Aug 29 at 10:21AM

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Investment Insights

Based on property information with market context.

This commercial restaurant property includes a 4,332-square-foot lower level configured for restaurant operations, along with a 1,092-square-foot upper-level office area. The building was constructed in 1996 and is described as updated and operational, offering an existing restaurant setup for a new operator.

A liquor license is included with the premises. The property is located in downtown Tecumseh, Michigan, within a commercial-zoned setting and accessed from 110 S Evans Street.

Key Highlights

• 4,332‑square‑foot lower level for restaurant operations
• 1,092‑square‑foot upper‑level office area
• Liquor license remains with the property

Property Analytics

Property Profile

Current Use

The Station Restaurant & Catering Restaurant

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Barber Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic

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

$1.87 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

572

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 49286, MI

14,991

Population

6,144

Households

2.4

Avg Household Size

45

Median Age

27%

College-Educated

95%

High-School Grad

58.2 sq mi

ZIP Area

258

Density / Sq Mi

$73,054

Median Household Income

$37,480

Median Earnings

$954

Median Rent

$221,800

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

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What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Operating restaurant space includes an accompanying liquor license and dedicated office area.

Where is this conventional restaurant located?

The property is located at 110 S Evans Street Tecumseh, MI.

What is the lease rate?

The lease rate is $4,500/Mo.

What are key features of this property?

This property features: 4,332‑square‑foot lower level for restaurant operations; 1,092‑square‑foot upper‑level office area; Liquor license remains with the property