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Corner Restaurant with Walk-In Cooler
For Lease
$6.50 SF/Yr

328 N Shiawassee St, Corunna, MI 48817

Restaurant space on a high-traffic corner with indoor seating, a furnished setup, and a 10 x 18 walk-in cooler.

Space SizeContact for details
Property Size2,770 SF
Days on Market50

Property Features for 328 N Shiawassee St

General Information

Standard status Active
Size 2,770 SF
Property subtype Hospitality

Building Details

Building Size 2,770 SF
Listing Agency: Lacuna Commercial Advisors
Listed By: Bruce Krol
Source: Cpix.resimplifi
Added: Jul 13 Changed: Aug 21 Last Checked: Aug 30 at 12:56PM

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 Lacuna Commercial Advisors

Investment Insights

Based on property information with market context.

This restaurant space is offered for lease with a functional, ready-to-operate interior configuration. The building includes furnished dining and kitchen areas, a fully equipped kitchen, and a 10 x 18 walk-in cooler. Indoor seating is in place, and the layout allows for potential outdoor seating. Existing furnishings are included.

Located on a high-traffic corner next to the post office and surrounded by city and county offices, the space is positioned for visibility and convenient customer access. Ample public parking is available to support patron traffic.

The property also includes recent mechanical and envelope improvements, including a new high-efficiency furnace, a new hot water heater, and thermal windows. Fiber is available for communications.

Key Highlights

  • 2770 SF restaurant/cafe space on a high‑traffic corner with indoor seating plus potential outdoor seating
  • Fully equipped kitchen includes furnishings, kitchen and dining area, and a 10 x 18 walk‑in cooler
  • New high‑efficiency furnace and HWH included, with thermal windows

Property Analytics

Current Use

Latin Flavor Restaurant ... Restaurant

Suggested Use

Top Pick Building Supply Hair Salon Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store 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.

Lease Details

NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

217
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Groceries 38%
Citgo Shops & Services
9,441 visits/mo 0.2 miles
Save-A-Lot Groceries
5,801 visits/mo 0.3 miles

Demographics for 48817, MI

5,714
Population
2,513
Households
2.3
Avg Household Size
45
Median Age
16%
College-Educated
96%
High-School Grad
58.9 sq mi
ZIP Area
97
Density / Sq Mi
$57,468
Median Household Income
$39,300
Median Earnings
$879
Median Rent
$164,200
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space on a high-traffic corner with indoor seating, a furnished setup, and a 10 x 18 walk-in cooler.
Where is this conventional restaurant located?
The property is located at 328 N Shiawassee St Corunna, MI.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: 2770 SF restaurant/cafe space on a high‑traffic corner with indoor seating plus potential outdoor seating; Fully equipped kitchen includes furnishings, kitchen and dining area, and a 10 x 18 walk‑in cooler; New high‑efficiency furnace and HWH included, with thermal windows
More about this property
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