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Mixed-Use Commercial Property
New
For Sale
$315,000

212 E Colby Street, Whitehall, MI 49461

A downtown commercial building with a long history of restaurant service is available for sale.

Property SizeContact for details
Days on Market1

Property Features for 212 E Colby Street

General Information

Standard status Active
Property subtype Mixed Use

Building Details

Year Built 1945
Listing Agency: Coldwell Banker Woodland Schmidt Grand Haven
Listed By: Katie Rice · License #6501329362
Source: Cbcworldwide
Added: Sep 24 Last Checked: Sep 24 at 1:55PM

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 Coldwell Banker Woodland Schmidt Grand Haven

Investment Insights

Based on property information with market context.

Built in 1945, this commercial building offers more than 3,000 square feet of space. It previously operated as a family-owned restaurant for over 20 years and has since closed.

The property is at 212 E Colby Street in downtown Whitehall, Michigan.

Key Highlights

  • More than 3,000 square feet of commercial space
  • Built in 1945
  • Previously operated as a family‑owned restaurant for over 20 years

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Pharmacy Parking Lot & Garage Grocery & Convenience Store Bakery Plumbing Service

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

418
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Wesco Shops & Services
8,826 visits/mo 0.0 miles
Dollar General Shops & Services
7,911 visits/mo 0.4 miles
SUBWAY Dining
4,105 visits/mo 0.0 miles
PNC Bank Shops & Services
3,380 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
922 visits/mo 0.2 miles

Demographics for 49461, MI

9,295
Population
4,220
Households
2.2
Avg Household Size
47
Median Age
30%
College-Educated
97%
High-School Grad
43.2 sq mi
ZIP Area
215
Density / Sq Mi
$80,495
Median Household Income
$42,249
Median Earnings
$874
Median Rent
$245,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Mixed-use property - A downtown commercial building with a long history of restaurant service is available for sale.
Where is this mixed-use property located?
The property is located at 212 E Colby Street Whitehall, MI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: More than 3,000 square feet of commercial space; Built in 1945; Previously operated as a family‑owned restaurant for over 20 years
More about this property
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