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Established Pizza Restaurant Business

3263 E Colby Street Suite I, Whitehall, MI 49461

For Sale
$475,000

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

Property SizeContact for details
Days on Market61

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
Listed By: Christopher Wenk · License #6501435305
Source: Blueowlprop
Added: Sep 10 Changed: Nov 6 Last Checked: Nov 8 at 5:26AM

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

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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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Market

Average Price Trend$/SF for Conventional restaurants in Muskegon County, MI

$162 Jul
$158 Aug
$164 Sep
$166 Oct

Properties on Market for Conventional restaurants in Muskegon County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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 $475,000.
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
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