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Established Pizza Restaurant Business
For Sale
$525,000

3263 E Colby Street Suite I, Whitehall, MI 49461

Business sale includes equipment and goodwill; real estate is excluded.

Property SizeContact for details
Days on Market15

Property Features for 3263 E Colby Street Suite I

General Information

Standard status Active

Additional Details

Business Included Yes
Highway Access Yes
Equipment Included Yes
Listing Agency: Town Square Real Estate Group LLC
Listed By: Christopher Wenk · License #6501435305
Source: Blueowlprop
Added: Sep 10 Changed: Sep 19 Last Checked: Sep 24 at 8:43AM

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 Town Square Real Estate Group LLC

Investment Insights

Based on property information with market context.

This conventional restaurant business has operated as a pizza restaurant since 1970. The sale includes the operating business, restaurant equipment, and associated goodwill, while the underlying real estate is not part of the transaction. The premises include a dining area and a fully equipped kitchen.

The restaurant occupies Suite I at 3263 E Colby Street in Whitehall, Michigan, positioned just off a major highway and within a commercial setting that includes a strip mall and multiple businesses. The offering provides an established restaurant format with existing dining and kitchen components for continued pizza-service use.

Key Highlights

  • Pizza restaurant operating since 1970
  • Sale includes the business, equipment, and goodwill
  • Dining area and fully equipped kitchen

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Hair Salon Dental Office Nail Salon Garden Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 82% Electronics 18%
BIGGBY COFFEE Dining
6,064 visits/mo 0.2 miles
Verizon Electronics
1,323 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
View Realmo Analytics

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?
Conventional restaurant - Business sale includes equipment and goodwill; real estate is excluded.
Where is this conventional restaurant located?
The property is located at 3263 E Colby Street Suite I Whitehall, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Pizza restaurant operating since 1970; Sale includes the business, equipment, and goodwill; Dining area and fully equipped kitchen
More about this property
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