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    1944 Pipestone Rd Benton Harbor, MI 49022

    Sponsored
    For Lease
    $8 SF/Yr

    Benton Harbor, MI: Prime Retail/Office Opportunity

    Lot size:
    176,183 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Pipestone Plaza, a 176,183 square foot Class B commercial center in Benton Harbor, Michigan (49022), offers exceptional leasing opportunities. Located at 1944 Pipestone Rd, this multi-tenant property boasts high visibility and accessibility, situated directly off I-94 with over 61,000 vehicles passing daily. The center currently houses a mix of national retailers including Big Lots, Burlington, Harbor Freight, Citi Trends, and Applebee's. Available spaces range from 2,200 to 22,152 contiguous square feet, with a total of 43,352 square feet currently vacant. This presents a unique chance for businesses seeking diverse space options. Two notable spaces are available: a former Chinese buffet (approx. 9,000 sq ft) with existing fixtures, furniture, and equipment (FF&E), and a former bistro and brew pub (approx. 9,000 sq ft). These spaces are ideal for restaurant concepts. The property is suitable for various uses, including retail storefronts, restaurants, offices, and medical or professional service providers. The property comprises 15 total suites, offering flexibility for businesses of all sizes. Leasing terms are designed to be flexible and easy to understand, catering to both new and established businesses.

    Property Features for 1944 Pipestone Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    176,183 SF
    Class
    B
    Total Rate
    117455.33

    Unit(s) available at that property

    Space
    Suite 1954
    Size
    3,000 SF
    Rate per SF
    $8
    Space
    Suite 1956: 2nd Gen Restaurant
    Size
    9,000 SF
    Rate per SF
    $8
    Space
    Suite 1958
    Size
    7,000 SF
    Rate per SF
    $8
    Space
    Suite 1976
    Size
    2,200 SF
    Rate per SF
    $8
    Space
    Suite 1599-A: 2nd Gen. Restaurant
    Size
    9,240 SF
    Rate per SF
    $8
    Space
    Suite 1599-B: End-Cap
    Size
    22,152 SF
    Rate per SF
    $8
    Property Profile Location Intelligence

    Current Use by Public Records

    Harbor Freight Tools Hardware Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benton Harbor
    County
    Berrien
    State
    Michigan
    Longitude
    -86.418748104408
    Latitude
    42.081768781066

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    FAQs

    What type of property is this?
    Restaurant - Benton Harbor, MI: Prime Retail/Office Opportunity
    Where is this restaurant located?
    The property is located at 1944 Pipestone Rd Benton Harbor, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
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    1944 Pipestone Rd Benton Harbor, MI 49022
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    Benton Harbor, MI 49022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1944 Pipestone Rd Benton Harbor, MI 49022
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