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Mixed-Use Property With Restaurant
New
For Sale
$2,600,000

37908 W Red Arrow Hwy, Paw Paw, MI 49079

Multi-parcel offering combines residential improvements with restaurant, retail, market, storage, and approved campground uses.

Property SizeContact for details
Lot Size24.25 Acres
Days on Market2

Property Features for 37908 W Red Arrow Hwy

General Information

Standard status Active
Lot size 24.25 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $22,825

Building Details

Year Built 1995
Units 45
Listing Agency: Golden Star Realty Inc
Listed By: Barbara R Carpenter · License #6504211556
Source: Elliman
Added: Sep 6 Last Checked: Sep 7 at 8:36AM

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 Golden Star Realty Inc

Investment Insights

Based on property information with market context.

This mixed-use property comprises two parcels with residential and commercial improvements. The residential component includes a custom-built log home with three bedrooms and two bathrooms. Commercial improvements include a restaurant, three separate buildings used for a flea market and retail store, outdoor storage units, and an open-air market. A 3,600-square-foot pole barn has been converted into a rented residence.

Three water wells serve the property, and a campground has received approval. The commercial improvements are positioned along the property’s frontage at 37908 W Red Arrow Hwy in Paw Paw Township, Michigan. The offering includes the real estate, residence, and buildings, with the property conveyed as-is.

Key Highlights

  • Two parcels include residential and commercial improvements
  • Restaurant plus three separate buildings used for flea market and retail operations
  • Custom‑built log home with 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Cancun Mexican Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Auto Parts Store Hair Salon 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

80
Businesses Nearby

Demographics for 49079, MI

13,766
Population
6,019
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
83.4 sq mi
ZIP Area
165
Density / Sq Mi
$72,119
Median Household Income
$41,376
Median Earnings
$841
Median Rent
$214,600
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-parcel offering combines residential improvements with restaurant, retail, market, storage, and approved campground uses.
Where is this mixed-use property located?
The property is located at 37908 W Red Arrow Hwy Paw Paw, MI.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Two parcels include residential and commercial improvements; Restaurant plus three separate buildings used for flea market and retail operations; Custom‑built log home with 3 bedrooms and 2 bathrooms
More about this property
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