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    Property profile & analytics

    16409 Red Arrow Hwy Union Pier, MI 49129

    • Turn key restaurants
    • 6,847 SF
    • 2.51 lot acres
    For Sale
    View listing
    $1,235,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-4240814
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Wine Sellers Inc / Wine Store
    • Timothy's Restaurant / Seafood Restaurant / Bar

    Property Details for 16409 Red Arrow Hwy

    Lot size
    2.51 lot acres
    Property size
    6,847 SF
    Property type
    Turn key restaurants
    APN
    13-0336-0066-04-0
    APU
    1303360066040

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Union Pier
    County
    Berrien
    State
    Michigan
    Longitude
    -86.6992
    Latitude
    41.8217
    CBSA code
    35660
    CBSA name
    NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,077
    $0.00
    $0.00
    $351,300
    -
    $0.00
    $0.00
    $702,600

    Comparable in this City

    • Value Estimation by Request
      3,424 SF

      16036th Red Arrow Hwya

      RESTAURANT • 3,424 SF
      16036th Red Arrow Hwya, Union Pier, MI 49129-9707
      View Details
    • Value Estimation by Request
      12,471 SF

      16710 Lakeshore Rd

      RESTAURANT • 12,471 SF
      16710 Lakeshore Rd, Union Pier, MI 49129-9444
      View Details
    • Value Estimation by Request
      3,200 SF

      15710 Red Arrow Hwy

      RESTAURANT • 3,200 SF
      15710 Red Arrow Hwy, Union Pier, MI 49129-9708
      View Details
    • Value Estimation by Request
      14,600 SF

      10900 Kruger Rd

      AUTO REPAIR, GARAGE • 14,600 SF
      10900 Kruger Rd, Union Pier, MI 49129-9448
      View Details
    • Value Estimation by Request
      4,118 SF

      9905 Town Line Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,118 SF
      9905 Town Line Rd, Union Pier, MI 49129-9404
      View Details
    • Value Estimation by Request
      1,226 SF

      16110 Red Arrow Hwy

      AUTO REPAIR, GARAGE • 1,226 SF
      16110 Red Arrow Hwy, Union Pier, MI 49129-9339
      View Details

    Similar Nearby for Sale

    • $1,235,000
      6,847 SF

      Turn-Key Restaurant in Union Pier

      Established restaurant in Union Pier, Michigan with loyal customer base.
      16409 Red Arrow Hwy, Union Pier, MI 49129
      View Details
    • $695,000
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      Union Pier Commercial Building

      Prime commercial building in Union Pier, suitable for various uses.
      16175 Red Arrow Hwy, Union Pier, MI 49129
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    • $450,000

      Harbor Country Wooded Land Parcel

      5+ acre wooded property in Harbor Country with Galien River access.
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    • $340,000

      Fire Fly Co-op Unit

      Co-op unit with deeded beach rights and rental income.
      15657 Lakeshore Rd, Union Pier, MI 49129
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    • $249,000
      7.99 Acres

      Union Pier Buildable Vacant Land

      8 acres of wooded land near Lake Michigan shoreline.
      Union Pier Rd, Union Pier, MI 49129
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    • $545,000
      14.81 Acres

      Waterfront Land on Galien River

      14.81 acres waterfront building site on the Galien River.
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      View Details
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    16409 Red Arrow Hwy
    Union Pier, MI 49129
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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
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