Building Details

Year Built 1862

Listing Agency: Wentworth Real Estate Group b***@johnwentworthgroup.com Show Phone

Listed By: Bria Sawyer Show Phone

Source: Elliman

Added: Apr 27 Changed: Jul 10 Last Checked: Aug 1 at 7:21AM

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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 Wentworth Real Estate Group

Investment Insights

Based on property information with market context.

This commercial property in Richville features a historic 1862 building, known as the town’s longest-standing hospitality venue. Originally a trading post, this landmark has served as a saloon, ice cream parlor, and restaurant. The property is fully equipped for a 224-person occupancy and is suited for owners interested in craft distribution. The two-story restaurant includes two server stations, spacious kitchen facilities, and ample storage. Recent upgrades include a new roof installed in 2018, a three-phase electrical system from 2020, dual air conditioning units with warranty from 2022 and 2023, and four new hot water tanks from 2024. Security and accessibility are enhanced with an integrated camera and alarm system, phone access, and alerts. The property also includes $20,000 in waterproofing by Dry Mich, office space, and ample storage.

Key Highlights

• Historic 1862 building, Richville's longest‑standing hospitality venue.
• Fully equipped for 224‑person occupancy.
• Full kitchen and spacious kitchen facilities.

Property Analytics

Property Profile

Current Use

Innovation Beerworks Restaurant

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Plumbing Service Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store

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

35

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Sunoco Shops & Services

2,154 visits/mo 0.3 miles

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 - Landmark 1862 building, fully equipped restaurant with modern upgrades.

Where is this conventional restaurant located?

The property is located at 9264 SAGINAW Rd Richville, MI.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Historic 1862 building, Richville's longest‑standing hospitality venue.; Fully equipped for 224‑person occupancy.; Full kitchen and spacious kitchen facilities.