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Full-Service Restaurant and Bar
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1516 S Mission St, Mount Pleasant, MI 48858

Restaurant and bar property near Central Michigan University with CD-5 COMMERCIAL zoning and sale or lease flexibility.

Property Size7,922 SF
Price / SF$0.00
Days on Market153

Property Features for 1516 S Mission St

General Information

Standard status Active
Size 7,922 SF
Property subtype Retail
Zoning CD-5 COMMERCIAL

Building Details

Building Size 7,922 SF
Listing Agency: Colliers Lansing
Listed By: Amy Richter-Perkins
Source: Cpix.resimplifi
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 29 at 5:58PM

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 Colliers Lansing

Investment Insights

Based on property information with market context.

This 7,922-square-foot commercial property is configured as a full-service restaurant and bar. The asset is available for sale or lease and carries CD-5 COMMERCIAL zoning, supporting its established commercial use. The property is located at 1516 S Mission St in Mount Pleasant, directly in front of Central Michigan University’s campus. It sits at the intersection of S Mission St and E Campus Dr, placing the building within the campus-oriented commercial setting identified in the listing. The property may accommodate restaurant, brewery, or college campus-oriented retail concepts, with land lease and build-to-suit options also identified.

Key Highlights

  • 7,922 SF full‑service restaurant and bar
  • CD‑5 COMMERCIAL zoning
  • Directly in front of Central Michigan University’s campus

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Parts Store Kitchen & Bath Showroom

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

732
Businesses Nearby
348k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 28% Groceries 4% Home Improvements & Furnishings 3%
McDonald's Dining
34,169 visits/mo 0.2 miles
Hobby Lobby Shops & Services
33,031 visits/mo 0.5 miles
Taco Bell Dining
24,241 visits/mo 0.3 miles
Buffalo Wild Wings Dining
20,708 visits/mo 0.2 miles
Panda Express Dining
18,695 visits/mo 0.4 miles

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
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
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Similar Off Market Nearby

  • Great Wall Buffet 1025 S Mission St, Mt Pleasant, MI 48858

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant and bar property near Central Michigan University with CD-5 COMMERCIAL zoning and sale or lease flexibility.
Where is this conventional restaurant located?
The property is located at 1516 S Mission St Mount Pleasant, MI.
What are key features of this property?
This property features: 7,922 SF full‑service restaurant and bar; CD‑5 COMMERCIAL zoning; Directly in front of Central Michigan University’s campus
More about this property
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