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Mixed-Use Property with Restaurant
For Sale
$249,900

130 E Water Street, Constantine, MI 49042

Restaurant equipment, an upper-level apartment, and basement space create a combined commercial and residential configuration.

Property Size2,414 SF
Days on Market165

Property Features for 130 E Water Street

General Information

Standard status Active
Size 2,414 SF
Total Parking Spaces 2
Property subtype Business Opportunity

Additional Details

Floor Ground
Equipment Included Yes

Amenities

fully furnished coffee bar
dual restrooms
private entrance
stainless steel appliances
ceramic heated tile flooring
whirlpool tub
Bruno chair lift

Building Details

Building Size 2,414 SF
Year Built 1900
Buildings 1
Units 1
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate
Listed By: Josh Nagy · License #6506046197
Source: Homesforsaleinmich
Added: Feb 24 Changed: Aug 7 Last Checked: Aug 8 at 11:44AM

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

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use property includes a 1,200-square-foot restaurant on the main level with a furnished coffee bar, refrigeration and freezers, dual restrooms, and additional fixtures and equipment. The health department has authorized cooking in the outside area. Recent updates include cooler/freezers, a coffee maker and grinders, an awning, and a mini-split A/C unit.

The second level contains a two-bedroom, two-bath apartment with a private entrance, two-car garage, stainless steel appliances, ceramic heated tile flooring, and a whirlpool tub. A Bruno chair lift with 400lb capacity serves the staircase to the residential unit. The full basement includes a bathroom and provides space for storage or a potential rental unit. The property is located at 130 E Water Street in Constantine Village, Michigan.

Key Highlights

  • 1,200‑square‑foot main‑level restaurant with furnished coffee bar and dual restrooms
  • Two‑bedroom, two‑bath upper‑level apartment with private entrance
  • Two‑car garage, stainless steel appliances, heated ceramic tile flooring, and whirlpool tub

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

136
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
8,073 visits/mo 0.2 miles

Demographics for 49042, MI

4,641
Population
2,000
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
57.1 sq mi
ZIP Area
81
Density / Sq Mi
$72,536
Median Household Income
$44,656
Median Earnings
$780
Median Rent
$161,500
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant equipment, an upper-level apartment, and basement space create a combined commercial and residential configuration.
Where is this mixed-use property located?
The property is located at 130 E Water Street Constantine, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,200‑square‑foot main‑level restaurant with furnished coffee bar and dual restrooms; Two‑bedroom, two‑bath upper‑level apartment with private entrance; Two‑car garage, stainless steel appliances, heated ceramic tile flooring, and whirlpool tub
More about this property
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