Development Opportunity in New Buffalo 310 E Buffalo St Local commercial 391 m² À vendre New Buffalo, MI 49117 853 433 € (2 184,09 €/m²)

Prime Investment Opportunity in the Heart of New Buffalo: Seize this exceptional opportunity to own a nearly one-acre property at 310 E Buffalo Street, New Buffalo, MI 49117. This versatile offering includes a 3,346 sq ft restaurant and an 860 sq ft office space, both poised for development or immediate use. The property comes with active, in-escrow, and transferable Class C (on-premises) and Specially Designated Merchant (off-premises) liquor licenses, enhancing its potential for a thriving hospitality venture.?
Strategic Location: Situated just steps from Whitaker Street and the pristine shores of Lake Michigan, this property offers unparalleled access to New Buffalo's vibrant downtown and waterfront attractions.
Market Highlights: Robust Real Estate Growth: As of March 2025, the median home sold price in New Buffalo reached $662,000, marking a 14.6% increase from the previous year. This upward trend underscores the area's growing appeal and investment potential. ?
Thriving Tourism Sector: New Buffalo serves as a gateway to Michigan's Harbor Country, attracting visitors with its sandy beaches, wineries, and vibrant arts scene. The area's popularity ensures a steady influx of tourists, providing a solid customer base for hospitality businesses. ?
Proximity to Major Markets: Located approximately 70 miles from downtown Chicago, New Buffalo benefits from its accessibility to a large metropolitan population, enhancing its appeal as a weekend getaway and boosting local commerce. ?
Investment Potential: This property's combination of substantial land area, existing structures, and transferable liquor licenses presents a unique opportunity for investors and entrepreneurs. Whether developing a new hospitality concept or expanding an existing portfolio, 310 E Buffalo Street stands as a promising asset in a flourishing market.