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Vacant Conventional Restaurant Building
For Sale
$179,000

842 S Chestnut St, Reed City, MI 49677

Vacant restaurant property with an existing building suited to redevelopment or owner occupancy.

Property Size2,511 SF
Lot Size0.80 Acres
Price / SF$71.29
Days on Market177

Property Features for 842 S Chestnut St

General Information

Standard status Active
Size 2,511 SF
Lot size 0.80 Acres
Property subtype Vacant-User

Amenities

2nd Generation Restaurant Space
Bite-sized Price
Owner-User Opportunity with Plenty of Parking

Building Details

Building Size 2,511 SF
Year Built 1978
Buildings 1
Listing Agency: Miami Office
Listed By: Leeor Ben-Moshe · License #License(s): FL: SL3249357
Source: Marcusmillichap
Added: Apr 3 Changed: Sep 10 Last Checked: Sep 24 at 6:43AM

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 Miami Office

Investment Insights

Based on property information with market context.

This vacant conventional restaurant property includes a 2,511-square-foot building on 0.8 acres. The structure previously operated as a Pizza Hut and has been remodeled at various points over time, providing an existing restaurant layout for continued use or reconfiguration.

Located at 842 S Chestnut St in Reed City, Michigan, the property combines an established commercial building with a sizable land component. Its vacant status and existing improvements support consideration for redevelopment or an owner-user plan, subject to the buyer’s intended use and applicable approvals.

Key Highlights

  • 0.8‑acre property with an existing restaurant building
  • 2,511‑square‑foot conventional restaurant structure
  • Vacant property suitable for redevelopment or owner occupancy

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Restaurant Parking Lot & Garage Electrical Service Skin Care 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.

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Home Improvements & Furnishings 42%
Family Dollar Shops & Services
4,485 visits/mo 0.2 miles
Reed City Ace Hardware Home Improvements & Furnishings
3,207 visits/mo 0.2 miles

Demographics for 49677, MI

6,787
Population
3,452
Households
2
Avg Household Size
42
Median Age
17%
College-Educated
87%
High-School Grad
126.7 sq mi
ZIP Area
54
Density / Sq Mi
$58,829
Median Household Income
$37,421
Median Earnings
$713
Median Rent
$122,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Vacant restaurant property with an existing building suited to redevelopment or owner occupancy.
Where is this conventional restaurant located?
The property is located at 842 S Chestnut St Reed City, MI.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 0.8‑acre property with an existing restaurant building; 2,511‑square‑foot conventional restaurant structure; Vacant property suitable for redevelopment or owner occupancy
More about this property
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