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Restaurant Building with Lake Views
For Sale
$795,000

40 3rd Street, Pentwater, MI 49449

Includes a cafe layout and adjoining yard area to the east.

Property Size1,626 SF
Days on Market14

Property Features for 40 3rd Street

General Information

Standard status Active
Size 1,626 SF
Property subtype Business Opportunity

Taxes and HOA fees

Annual Taxes $4,235

Building Details

Building Size 1,626 SF
Year Built 1972
Units 1
Listing Agency: Town Square Real Estate Group
Listed By: Katie Saunders · License #6506048812
Source: Carolbollo
Added: Aug 7 Changed: Aug 19 Last Checked: Aug 20 at 2:29PM

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

Investment Insights

Based on property information with market context.

This 1,626-square-foot commercial building currently houses Cottage Garden Cafe and was constructed in 1972. The interior offers a restaurant-oriented layout, while the sale includes the adjoining yard area on the east side. That additional space can support outdoor seating, expansion, or future development as permitted.

The property is situated in downtown Pentwater at 40 3rd Street, with views toward Pentwater Lake and the channel connecting to Lake Michigan. Marinas, shopping, dining, and downtown attractions are nearby, and the Village Green directly behind the property hosts festivals and community events throughout the year.

Key Highlights

  • 1,626‑square‑foot commercial building constructed in 1972
  • Currently home to Cottage Garden Cafe
  • Views of Pentwater Lake and the channel leading to Lake Michigan

Property Analytics

Current Use

Cottage Garden Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Storage Facility Pet Grooming 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.

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49449, MI

2,776
Population
2,642
Households
1.1
Avg Household Size
58
Median Age
43%
College-Educated
95%
High-School Grad
41.7 sq mi
ZIP Area
67
Density / Sq Mi
$74,286
Median Household Income
$36,875
Median Earnings
$719
Median Rent
$282,400
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?
Conventional restaurant - Includes a cafe layout and adjoining yard area to the east.
Where is this conventional restaurant located?
The property is located at 40 3rd Street Pentwater, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1,626‑square‑foot commercial building constructed in 1972; Currently home to Cottage Garden Cafe; Views of Pentwater Lake and the channel leading to Lake Michigan
More about this property
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