Highly Sought-After Corner Outlot – Restaurant / Retail Building | For Sale
Overview
This highly sought-after corner property offers a rare opportunity in Portage’s most active retail corridor. Situated on one of the few corner lots in the city, the 5,694 SF building is currently divided into two suites:
-
4,694 SF restaurant space – fully equipped and turnkey, ideal for immediate occupancy.
-
1,000 SF retail/medical space – flexible layout suitable for a variety of uses.
The property is available for $1,100,000 (without equipment) or $1,200,000 (including restaurant equipment). With its exclusive monument signage, prominent corner positioning, and outlot status within a thriving 18-tenant shopping center, this site is a prime candidate for re-use, reface, or even a complete tear-down for a new QSR concept.
Highlights
-
Asking Price: $1,100,000 (building only) | $1,200,000 (with restaurant equipment)
-
Highly sought-after corner lot – one of the few remaining in Portage
-
Building Size: 5,694 SF (4,694 SF restaurant + 1,000 SF retail/medical)
-
Occupancy: Vacant – perfect for owner-user or redevelopment
-
Turnkey restaurant opportunity – kitchen + equipment included (optional)
-
Perfect for QSR redevelopment – ideal reface or tear-down candidate
-
Exclusive monument signage with strong visibility from New Pinery Road (Hwy 51)
-
Outlot to 18-tenant shopping center featuring Ace Hardware, Pet Supplies Plus, Dollar Tree, Anytime Fitness, GameStop, Check N Go, and more
-
Proven demand – site has drawn interest from Starbucks, Wendy’s, and Dunkin’
Market & Location Benefits
Positioned along Portage’s dominant retail corridor, this property benefits from heavy traffic, excellent visibility, and immediate access from Hwy 51. Surrounded by strong national and regional retailers, the shopping center consistently generates steady consumer traffic, making this one of the city’s most desirable corner parcels.
Investment Outlook
With its rare corner lot positioning, strong co-tenancy, and versatile configuration, this property is an attractive opportunity for a wide range of buyers. Whether operated as a turnkey restaurant, re-faced for modern retail use, or redeveloped entirely for a new QSR concept, 2812 New Pinery Road is one of Portage’s most compelling retail offerings.
