4661 Red Arrow Hwy Stevensville, MI 49127
- Drive through restaurants
- 3,857 SF
- 1.55 lot acres
Current Use by Public Records
- McDonald's / Fast Food Restaurant / Breakfast Restaurant
Property Details for 4661 Red Arrow Hwy
- Year built
- 1981
- Lot size
- 1.55 lot acres
- Property size
- 3,857 SF
- Zone code
- HC
- Property type
- Drive through restaurants
- APN
- 12-0015-0024-09-7
- APU
- 1200150024097
Description
This exceptional 3,857 square foot industrial property, formerly a McDonald's restaurant, presents a unique investment opportunity in the thriving Red Arrow Highway corridor of Stevensville, Michigan. Situated on a generous 1.55-acre lot, the property boasts a pre-existing drive-thru, a highly desirable feature for a variety of potential uses. The strategic location within Stevensville offers significant retail and economic potential, benefiting from substantial vehicular traffic. Stevensville's commitment to economic growth is evident in its recent achievement of the Redevelopment Ready Community (RRC) designation from the Michigan Economic Development Corporation (MEDC) in 2023. This designation underscores the village's proactive approach to fostering a business-friendly environment and streamlining the development process. The property's size and location make it ideal for a range of commercial ventures, capitalizing on the high visibility and accessibility of the Red Arrow Highway. The existing infrastructure, including the drive-thru, provides a solid foundation for a quick and efficient redevelopment. This is a rare opportunity to acquire a well-positioned property in a community actively promoting economic growth. The property is priced at $800,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stevensville
- County
- Berrien
- State
- Michigan
- Longitude
- -86.5128
- Latitude
- 42.0332
- CBSA code
- 35660
- CBSA name
- NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
