1335 Center StIthaca, MI 48847

For Sale
$1,000,000

Established Restaurant, High Visibility, US-127 Access

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional commercial property, located at 1335 E Center St in Ithaca, Michigan, presents a unique investment opportunity. The 3,350 square foot building, constructed in 1998, is currently operating as a restaurant but offers significant redevelopment potential. Situated on a 1.97-acre lot with ample parking (51 spaces), the property boasts excellent visibility and accessibility from US-127, specifically at the Business-127 exit. The C-2 General Commercial zoning allows for a variety of uses, making it ideal for a new restaurant concept, or conversion into a single or multi-tenant retail development. The asking price is $1,000,000, translating to $298.51 per square foot. The property's APN is 52-060-304-00. This prime location in Gratiot County (zip code 48847) offers high traffic counts and strong potential for future growth. Land contract terms are available for qualified buyers. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential in a thriving Michigan community. The property's class is C.

Highlights

  • Established restaurant with redevelopment potential for new retail concepts.
  • High visibility location at US-127 exit onto Business-127.
  • Land contract financing options available.

Property Details for 1335 Center St

Property type
Other retail properties, Restaurants
Square Feet
3,350 SF
Class
C
Year Built
1998
Lot Size (sq. ft)
85,813 SF

Location Insight

City
Ithaca
County
Gratiot
State
Michigan
Latitude
43.2920648
Longitude
-84.5840768
1335 Center St, Ithaca, Michigan

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1335 Center St
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