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Riverfront Restaurant Property
For Sale
$1,500,000

506 W Broadway, Mount Pleasant, MI 48858

Two restaurant businesses currently operate on a substantial downtown site beside City Hall.

Property Size10,000 SF
Price / SF$150
Days on Market137

Property Features for 506 W Broadway

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial

Additional Details

Currently Operating Yes
Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Listed By: James Engler · License #6506041138
Source: Bestemanproperties
Added: Jun 16 Changed: Oct 30 Last Checked: Oct 29 at 2:42PM

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 PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES

Rey
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Investment Insights

Based on property information with market context.

This restaurant property in downtown Mt. Pleasant includes 10,000 square feet and two operating restaurant businesses: Mountain Town Station and Camille's on the River Restaurant.

The site has 600 feet of river frontage and sits between Island Park and Nelson Park, next to City Hall.

Key Highlights

  • 10,000 square feet of restaurant property
  • 600 feet of river frontage
  • Currently occupied by Mountain Town Station and Camille's on the River Restaurant

Property Analytics

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

Current Use

Camille's Prime Restaurant Mountain Town Catering Catering Service Mountain Town Station ... Restaurant

Suggested Use

Top Pick Storage Facility HVAC Service Big Box & Wholesale Store Building Supply Garden Center Restaurant

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

1,131
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Dining 38% Home Improvements & Furnishings 1%
Speedway Shops & Services
14,768 visits/mo 0.2 miles
Mister Car Wash Shops & Services
14,076 visits/mo 0.2 miles
KFC Dining
9,059 visits/mo 0.2 miles
Little Caesars Pizza Dining
8,822 visits/mo 0.2 miles
Shell Shops & Services
8,818 visits/mo 0.5 miles

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Similar Off Market Nearby

  • Great Wall Buffet — 1025 S Mission St, Mt Pleasant, MI 48858

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two restaurant businesses currently operate on a substantial downtown site beside City Hall.
Where is this conventional restaurant located?
The property is located at 506 W Broadway Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,000 square feet of restaurant property; 600 feet of river frontage; Currently occupied by Mountain Town Station and Camille's on the River Restaurant
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