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Renovated Conventional Restaurant
New
For Sale
$250,000

250 N State Street, Big Rapids, MI 49307

Restaurant property includes equipment, inventory, and the established business name.

Property Size630 SF
Days on Market2

Property Features for 250 N State Street

General Information

Standard status Active
Size 630 SF
Total Parking Spaces 6
Property subtype Commercial

Additional Details

Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $3,949

Building Details

Building Size 630 SF
Year Built 1955
Buildings 1
Stories 1
Units 1
Listing Agency: RE/MAX TOGETHER
Listed By: Kati Ross · License #6502431285
Source: Thebrokeragehouse
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 1:08PM

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 RE/MAX TOGETHER

Investment Insights

Based on property information with market context.

This conventional restaurant property was built in 1955 and has undergone renovations to both the building and grounds. The sale includes the restaurant equipment, inventory, and business name, providing a transfer-ready operating package for a new owner.

The property is positioned along Mitchell Creek near a park and connects with multiple public parking areas. It is also located within a downtown recreational district, adding a defined civic and recreational setting to the restaurant’s surroundings.

Key Highlights

  • Renovated building and grounds
  • Sale includes restaurant equipment, inventory, and business name
  • Built in 1955

Property Analytics

Current Use

The Milkshake Spot Grocery & Convenience Store

Suggested Use

Top Pick Nail Salon HVAC Service Food Market Big Box & Wholesale Store Furniture & Home Goods Electrical 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Muffler Man Shops & Services
601 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
589 visits/mo 0.1 miles

Demographics for 49307, MI

16,914
Population
7,997
Households
2.1
Avg Household Size
31
Median Age
31%
College-Educated
94%
High-School Grad
134.5 sq mi
ZIP Area
126
Density / Sq Mi
$54,803
Median Household Income
$24,736
Median Earnings
$877
Median Rent
$179,600
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property includes equipment, inventory, and the established business name.
Where is this conventional restaurant located?
The property is located at 250 N State Street Big Rapids, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Renovated building and grounds; Sale includes restaurant equipment, inventory, and business name; Built in 1955
More about this property
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