Building Details

Building Size 1,556 SF

Year Built 1978

Listing Agency: New Michigan Realty, LLC S***@gmail.com Show Phone

Listed By: Steven Bahoura · License #6501306210 Show Phone

Source: Elliman

Added: Mar 10 Changed: Aug 14 Last Checked: Aug 20 at 9:04AM

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Investment Insights

Based on property information with market context.

This retail space is located close to Main St. and the water in Northfield Township. The space is currently configured as a coffee shop, but could be reopened as a coffee and pastry shop, or a breakfast and lunch restaurant. Other potential uses include a dry cleaner, clothing store, cell phone store, or insurance office.

Key Highlights

• Retail space close to Main St. and the water
• Opportunity to reopen as a coffee/pastry place or breakfast/lunch restaurant
• Versatile space suitable for various businesses

Property Analytics

Property Profile

Current Use

Marco's Pizza Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Dental Office Spa & Massage Center

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

174

Businesses Nearby

11k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 73% Dining 19% Hotels & Casinos 7%

Mobil Shops & Services

4,692 visits/mo 0.3 miles

Citgo Shops & Services

3,346 visits/mo 0.4 miles

Marco's Pizza Dining

1,439 visits/mo 0.0 miles

Days Inn Hotels & Casinos

805 visits/mo 0.5 miles

Domino's Pizza Dining

696 visits/mo 0.2 miles

Demographics for 48189, MI

14,038

Population

6,196

Households

2.3

Avg Household Size

43

Median Age

38%

College-Educated

97%

High-School Grad

34.2 sq mi

ZIP Area

410

Density / Sq Mi

$82,433

Median Household Income

$48,223

Median Earnings

$1,228

Median Rent

$286,200

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

Questions? Ask Rey

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What type of property is this? Where is this coffee shops 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?

Coffee shop - Small retail space suitable for various businesses, close to Main St.

Where is this coffee shop located?

The property is located at 148 Barker Rd Whitmore Lake, MI.

What is the lease rate?

The lease rate is $3,000/Mo.

What are key features of this property?

This property features: Retail space close to Main St. and the water; Opportunity to reopen as a coffee/pastry place or breakfast/lunch restaurant; Versatile space suitable for various businesses