Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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