1830 Pipestone Rd Benton Harbor, MI 49022-2304

Property Details for 1830 Pipestone Rd

Year built

1991

Lot size

2.15 lot acres

Property size

8,366 SF

Zone code

D1 COMM

Property type

Turn key restaurants

APN

03-7400-0004-01-7

APU

374000004017

Description

This 8,500 square foot vacant restaurant building in Benton Harbor, Michigan, presents a unique owner-user or redevelopment opportunity. Situated on a 1.93-acre lot with 129 parking spaces, the property boasts a prime location on Pipestone Road, a major retail thoroughfare with an average daily traffic count of 9,300 vehicles. Its proximity to Interstate 94 (63,700 VPD) and a concentration of national retailers, including Fairplain Plaza (352,000 sq ft) and Pipestone Plaza (177,000 sq ft), ensures high visibility and accessibility. The property is zoned Commercial (D-1), allowing for a variety of commercial uses. Recent development in the area, including new Chick-fil-A and Starbucks locations, indicates a growing market. The 5-mile trade area has a population exceeding 48,500 with an average household income of $90,161, further enhanced by seasonal tourism. The property's existing restaurant infrastructure offers significant cost savings for potential users or developers, estimated at $1,000,000 in shell construction costs. The area's economic growth is further supported by the potential development of a new $3 billion data center, creating hundreds of jobs. This fee simple ownership (land and building) is offered at $1,600,000 ($188.24/sq ft). The property's APN is 03-7400-0004-01-7. Built in 1990, this asset is ideally positioned to capitalize on the thriving retail environment and strong demographics of Benton Harbor.

Location Insight

City

Benton Harbor

County

Berrien

State

Michigan

Longitude

-86.4202

Latitude

42.0856

CBSA code

35660

CBSA name

NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments