16409 Red Arrow Highway, Union Pier, MI 49129
COMMERCIAL - Union Pier, MI
- Added:
- Aug 28, 2025
- Days on Market:
- 313
- Last Refresh:
- Jul 6 at 5:06 pm
Property Features for 16409 Red Arrow Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1, Basement
- Standard status
- Active
- APN
- 11-13-0336-0066-04-0
- Size
- 6,847 SF
- Lot size
- 2.51 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Per Title Commitment
- Tax Annual Amount
- 10570
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Number of units
- 1
- Building materials
- Stucco
- Roof type
- Rubber, Composition
Listing agent Jill Golden License #6501424803 (269) 208-8996
Listing office Realty Executives Instant Equity 213 Hilltop Rd., St. Joseph, MI (269) 983-7721
Listing date Aug 28, 2025
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.
HighLights
- 6,847 SF landmark restaurant in Union Pier, Michigan
- Outdoor seating area for additional dining and special events
- Forced‑air heating and central air conditioning
- Stucco construction with rubber and composition roofing
- Year built: 1900
- Cable available; includes basement and 3 bathrooms
Overview
Located at 16409 Red Arrow Highway in Union Pier, Michigan, the property sits within a lakeside community. Union Pier draws a mix of seasonal visitors and local diners. An upcoming residential cottage development on adjacent property is also expected to add to the local customer base.
For buyers and operators looking for a ready-to-run restaurant rather than a buildout, this asset provides a full food-and-beverage setup along with indoor and outdoor guest space. The combination of main dining, bar seating, and flexible additional seating supports a range of service formats, from standard dining to private gatherings.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.0k | $15.48 |
| − Vacancy | −$4.5k | −$0.65 |
| EGI | $101.5k | $14.83 |
| − OpEx | −$25.4k | −$3.71 |
| NOI | $76.2k | $11.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Union Pier
- County
- Berrien
- State
- Michigan
- Longitude
- -86.699107
- Latitude
- 41.821695
