Restaurant Opportunity Overlooking
For Sale
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4586 Water Street, Columbiaville, MI 48421
Operating restaurant on three commercial lots with reservoir views and trail access for a variety of visitor-oriented uses.
Property Size2,500 SF
Price / SF$91.96
Days on Market54
Property Features for 4586 Water Street
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Retail, Hospitality
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Year Built
1972
Stories
1
Listing Agency:
Rosegold Realty LLC - Caro
Listed By:
Trista Donovan · License #MI 6501423588
Source:
Crexi
Added: Jun 29
Changed: Aug 14
Last Checked: Aug 20 at 7:27PM
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 Rosegold Realty LLC - Caro
Investment Insights
Based on property information with market context.
This offering is a commercial property currently operating as a restaurant, positioned for customers who want a water view experience. The site spans three commercial lots and is described as overlooking Holloway Reservoir, giving the property a standout setting for a food-focused concept.
The property is located at 4586 Water Street in Columbiaville, MI, and the remarks note proximity to the Southern Links Trailways, a trail used for hiking, biking, and equestrian activity. The combination of reservoir frontage and nearby trail use supports visitor traffic and can help shape the property’s day-to-day customer mix.
For tenants, buyers, or operators, the current restaurant setup provides an on-site operating framework while the property’s layout across multiple lots gives flexibility for complementary uses. The listed options in the remarks include a bait and tackle shop, sport equipment rental, a food truck park, or a tiny home park, in addition to continuing as a restaurant. Interested parties should confirm specific permitted uses and any development requirements, but the property’s existing restaurant operation and visitor-oriented location offer a practical starting point for an owner-operator or entrepreneurial concept.
The property is located at 4586 Water Street in Columbiaville, MI, and the remarks note proximity to the Southern Links Trailways, a trail used for hiking, biking, and equestrian activity. The combination of reservoir frontage and nearby trail use supports visitor traffic and can help shape the property’s day-to-day customer mix.
For tenants, buyers, or operators, the current restaurant setup provides an on-site operating framework while the property’s layout across multiple lots gives flexibility for complementary uses. The listed options in the remarks include a bait and tackle shop, sport equipment rental, a food truck park, or a tiny home park, in addition to continuing as a restaurant. Interested parties should confirm specific permitted uses and any development requirements, but the property’s existing restaurant operation and visitor-oriented location offer a practical starting point for an owner-operator or entrepreneurial concept.
Key Highlights
- Operating restaurant business on 3 commercial lots
- Overlooks Holloway Reservoir
- Located next to the Southern Links Trailways for hiking, biking, and equestrian use
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48421, MI
6,656
Population
2,987
Households
2.2
Avg Household Size
45
Median Age
20%
College-Educated
94%
High-School Grad
41.5 sq mi
ZIP Area
160
Density / Sq Mi
$69,597
Median Household Income
$38,368
Median Earnings
$698
Median Rent
$208,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant on three commercial lots with reservoir views and trail access for a variety of visitor-oriented uses.
Where is this conventional restaurant located?
The property is located at 4586 Water Street Columbiaville, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Operating restaurant business on 3 commercial lots; Overlooks Holloway Reservoir; Located next to the Southern Links Trailways for hiking, biking, and equestrian use
