4641 Red Arrow Highway $1,000,000

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    4641 Red Arrow Highway Stevensville, MI 49127

    • 5,026 sq. ft.
    • 3.30 Acres
    • Commercial-Industrial
    • MLS# 20046892
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    Views: 211 Days On Site: 266

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    Property Details

    AVAILABLE FOR SALE - 5,026 SF freestanding, former restaurant on approx. 3.30-acre parcel in Stevensville, Michigan. Located adjacent to I-94, this site benefits from neighboring hotels, direct I-94 access at the Red Arrow Highway interchange, average daily interstate traffic of over 55,107 and a lakeshore community with an average household income of $78,935 within a 3-mile radius. Property features include seating for 144, furniture, pylon signage, multiple ingress/egress options, 90 +/- parking spaces (with 6 barrier-free spaces) and bus/RV/semi parking. The extra-deep lot also offers room for expansion and/or additional development.

    • General Features
      • Area Southwestern Michigan - S
      • Property Sub Type Retail/Commercial
      • Business Includes Non-Applicable
      • SubArea S30 - St. Joseph School
      • Uses Retail
      • Municipality Lincoln Twp
      • New Construction No
      • Ownership LLC
      • Construction Type Concrete, Frame/Wood, Steel
      • County Berrien
      • Year Built 1979
      • Annual Property Tax 13647.00
      • Tax Year 2019
    • Building Features
      • Additional Features Barrier Free
      • Air Conditioning Central
      • Additional Details: Power Voltage 600Amp 208V 3-Phase
      • Total SqFt 5026.00
      • Total Bldg Retail Sq 5026.00
      • Total Bldg SqFt Gro 5026.00
      • Total Number Bldgs 1.00
      • Below Grade None
      • Driveway Paved
      • Heat Source Natural Gas
      • Heat Type Forced Air
      • Number Fin Bldg Levels 1.00
      • Current Bldg Use Former Big Boy Restaurant
    • Property Features
      • Waterfront Y/N No
      • Water Public
      • Utilities Attached Cable, Electric, Natural Gas, Telephone
      • Street Type Paved,Public
      • Util Avail at St Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone
      • Road Frontage 196.00
      • Sewer Public
      • Lot Square Footage 143748.00
      • Lot Measurement Acres
      • Lot Dimensions Irregular
      • Lot Acres 3.3
    • Schools
      • School District Lakeshore

    Contact

    Nils Petzke

    Nils Petzke

    Sales Partner

    RE/MAX By The Lake

    Direct: 269-921-0360

    Neighborhood

    49127 (Stevensville) Demographics

    43 Median Age
    685 Population Density (per sq. mile)
    51% College Educated
    $65,969 Estimated Median Income
    3,497 Estimated Total Home Owners
    979 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,092 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $385,000 Median Sales Price
    19 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,000,000
        11/9/2020 2:39:00 PM New in Database Source: Multiple Listing Service New Value: $1,000,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.