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Restaurant with Upstairs Apartment
For Sale
$249,900

130 E Water Street, Constantine, MI 49042

COMMERCIAL - Constantine, MI

Property Size2,414 SF
Lot Size0.12 Acres
Price / SF$103.52
Days on Market175

Property Features for 130 E Water 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 Constantine
Middle school district Constantine
High school district Constantine
Directions Downtown Constantine
Standard status Active
APN 04308002200
Size 2,414 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 44.5 FT OF LOT 3 BLK 2 ASSESSORS PLAT OF ABSTRACTORS ADD. VIL OF CONSTANTINE.
Tax Annual Amount 694
Legal Description E 44.5 FT OF LOT 3 BLK 2 ASSESSORS PLAT OF ABSTRACTORS ADD. VIL OF CONSTANTINE.

Utilities

Utilities Cable Available
Heating system Baseboard
Cooling system Wall Unit(s)

Building Details

Year built 1900
Floors in Building 2
Number of units 1
Building materials Brick, Stone
Roof type Rubber
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate
Listed By: Josh Nagy · License #6506046197
Added: Feb 24 Changed: Aug 4 Last Checked: Aug 18 at 6:06AM
MLS# 26006717

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 property includes a well-known cajon restaurant setup on the main level, with fixtures and equipment included. The main level features a furnished coffee bar, refrigeration/freezers, and dual restrooms. Permission has been given by the health department to cook in the outside area.

Upstairs is a 2-bedroom, 2-bath apartment with a private entrance. The apartment includes a 2-car garage, stainless steel appliances, ceramic heated tile flooring, and a whirlpool tub. A Bruno chair lift with a 400 lb capacity is attached to the staircase leading to the residential unit.

The full basement is located beneath the store and offers additional space for storage and potential expansion, including the potential for a rental unit with a full bathroom. Owner updates mentioned include new cooler/freezers, coffee maker/grinders, an awning, and a mini-split A/C unit. The property is located at 130 E Water Street in Constantine, Michigan (St. Joseph County).

Key Highlights

  • 1,200 sq ft main level restaurant setup with fixtures and equipment included
  • Upstairs apartment features 2 bedrooms, 2 bathrooms, private entrance, and stainless steel appliances
  • Apartment includes ceramic heated tile flooring and a 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
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant with an upstairs 2-bedroom, 2-bath apartment and a full basement beneath the store.
Where is this conventional restaurant 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 sq ft main level restaurant setup with fixtures and equipment included; Upstairs apartment features 2 bedrooms, 2 bathrooms, private entrance, and stainless steel appliances; Apartment includes ceramic heated tile flooring and a whirlpool tub
More about this property
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