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Conventional Restaurant Property
For Sale
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320 E Railway St, Coleman, MI 48618

Previously operated restaurant within Coleman’s B-1 central business district.

Property SizeContact for details
Lot Size0.33 Acres
Days on Market143

Property Features for 320 E Railway St

General Information

Standard status Active
Lot size 0.33 Acres
Property subtype Retail
Zoning B-1
Listing Agency: Resource Realty Group
Listed By: Larry Gotcher · License #MI MI
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 4:04PM

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 Resource Realty Group

Investment Insights

Based on property information with market context.

This conventional restaurant property includes a previously operated restaurant building on 14,375 square feet of land. The asset is classified for restaurant use and is also described as a commercial property with retail and multifamily characteristics in the source information.

Located at 320 E Railway St in Coleman, Michigan, the property sits near the intersection of E Railway Street and 3rd Street. B-1 zoning designates the site within the commercial central business district. The property is offered for sale.

Key Highlights

  • Previously operated restaurant property
  • 14,375 square feet of land
  • B‑1 commercial zoning

Property Analytics

Current Use

Coleman Pere Marquette ... Tour Operator

Suggested Use

Top Pick Real Estate Agency HVAC Service Hair Salon Plumbing Service Pharmacy Nail Salon

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

131
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
4,653 visits/mo 0.1 miles
Dollar General Shops & Services
4,213 visits/mo 0.3 miles

Demographics for 48618, MI

5,299
Population
2,443
Households
2.2
Avg Household Size
45
Median Age
13%
College-Educated
92%
High-School Grad
102.5 sq mi
ZIP Area
52
Density / Sq Mi
$58,523
Median Household Income
$37,793
Median Earnings
$760
Median Rent
$120,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Previously operated restaurant within Coleman’s B-1 central business district.
Where is this conventional restaurant located?
The property is located at 320 E Railway St Coleman, MI.
What are key features of this property?
This property features: Previously operated restaurant property; 14,375 square feet of land; B‑1 commercial zoning
(734) 732-3789 Call to check price and availability
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