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Coldwater Restaurant Opportunity For Sale
For Sale
$1,300,000

399 East Chicago Street, Coldwater, MI 49036

Quick-serve restaurant on the main trade street.

Property Size2,600 SF
Price / SF$500
Days on Market149

Property Features for 399 East Chicago Street

General Information

Standard status Active
Size 2,600 SF
Property subtype Retail
Listing Agency:
Listed By: David Hesano
Source: Cbre
Added: Mar 25 Changed: Aug 20 Last Checked: Aug 20 at 9:26AM

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 David Hesano

Investment Insights

Based on property information with market context.

This quick-serve restaurant is positioned to serve Coldwater and the surrounding region of the southcentral portion of Michigan’s lower peninsula. The property is situated on the “Main St.” of the regional trade district. Other tenants in the immediate area include Meijer, Home Depot, Walmart, Aldi, Camping World, and many national QSR tenants. The property size is 2600 square feet.

Key Highlights

  • Located on the "Main St." of the regional trade district.
  • Serves Coldwater and the surrounding southcentral Michigan region.
  • Quick‑serve restaurant opportunity.

Property Analytics

Current Use

Arby's Restaurant

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Quick-serve restaurant on the main trade street.
Where is this drive through restaurant located?
The property is located at 399 East Chicago Street Coldwater, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Located on the "Main St." of the regional trade district.; Serves Coldwater and the surrounding southcentral Michigan region.; Quick‑serve restaurant opportunity.
More about this property
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