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Building 1 3263 Colby Rd 54,324 SF Retail Building Whitehall, MI 49461 $650,000 ($11.97/SF) 9.20% Cap Rate
Executive Summary
Established Pizza Restaurant in Prime Location This beloved pizza restaurant has been a local favorite since 1970, serving generations of loyal customers. Conveniently located just off a major highway, it attracts both regulars and travelers seeking quality, homemade pizza. The restaurant sits in a thriving area surrounded by an up-and-coming strip mall and multiple businesses, ensuring steady foot traffic and high visibility. With a spacious dining area, a fully equipped kitchen, and a welcoming atmosphere, this turnkey operation is ready for a new owner to continue its legacy. Sale includes the business, equipment, and goodwill—real estate is not included. Whether you're experienced or a first-time business owner, this is a rare chance to invest in a proven community staple.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
54,324 SF
Building Class
C
Year Built
1996
Price
$650,000
Price Per SF
$11.97
Cap Rate
9.20%
NOI
$59,800
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
1.00
Lot Size
1.25 AC
Zoning
B
Parking
400 Spaces (7.36 Spaces per 1,000 SF Leased)
Frontage
430’ on Colby Rd
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 03-027-200-0016-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $221,900 |
Property Taxes
Parcel Number
03-027-200-0016-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$221,900
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Building 1 | 3263 Colby Rd
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