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Downtown Riverfront Restaurant Building
For Sale
$1,500,000

506 W Broadway, Mt Pleasant, MI 48858

COMMERCIAL - Mt Pleasant, MI

Property Size10,327 SF
Lot Size7.00 Acres
Price / SF$145.25
Days on Market47

Property Features for 506 W Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Exterior features Vinyl
Lot features Freestanding
Directions West Broadway on the River
Subdivision Isabella
Standard status Active
Size 10,327 SF
Lot size 7.00 Acres

Taxes and HOA fees

Tax Description Lengthy Legal See Associated Docs
Tax Annual Amount 34921
Legal Description Lengthy Legal See Associated Docs

Utilities

Water front 1

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Listed By: James Engler · License #6506041138
Added: Jun 16 Changed: Jul 2 Last Checked: Aug 1 at 1:06AM
MLS# 1946690

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale restaurant property offers a sizable downtown site totaling approximately 10,000 square feet plus additional acreage. The offering includes 7 acres and benefits from substantial river frontage, with 600 feet located along the riverfront.

The site is positioned between Island Park and Nelson Park, next to City Hall, providing a central downtown setting. It is currently operating as Mountain Town Station and Camille's on the River Restaurant.

The property’s configuration and operating history reflect an established restaurant use, with the existing venues continuing to run on-site.

Key Highlights

  • 10,000 SF available in downtown Mt. Pleasant
  • 600' of river frontage between Island Park and Nelson Park next to City Hall
  • Existing tenants include Mountain Town Station and Camille's on the River Restaurant

Property Analytics

Current Use

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

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Locksmith Electrical Service Veterinary Clinic

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

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 property with river frontage in downtown Mt. Pleasant and current operators Mountain Town Station and Camille's on the River.
Where is this conventional restaurant located?
The property is located at 506 W Broadway Mt 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 SF available in downtown Mt. Pleasant; 600' of river frontage between Island Park and Nelson Park next to City Hall; Existing tenants include Mountain Town Station and Camille's on the River Restaurant
More about this property
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