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Historic Downtown Opera House/Bank for Development

Incredible mixed-use redevelopment opportunity for two buildings in Mt. Pleasant's historic downtown district.

July 28, 2021

Isabella Bank and the City of Mt. Pleasant and seek a development partner for the rehabilitation of a block of traditional mixed use buildings in Downtown Mt. Pleasant. The property owner and the city are eager to work with qualified respondents in negotiating a mutually beneficial arrangement.

The project area consists of two buildings. 200 E. Broadway is a 23,555 square foot building located on a 0.26 acre site. The building enjoys frontage on both Broadway and University as well as access to the Cats Meow Alley. 111 S University is a 3,960 square foot building on a 0.045 acre site, just to the south.

The site is located within 400 feet of five municipal parking lots in addition to free on-street parking. The property is located within the Downtown historic district as well as the city’s Central Business District Tax Increment Finance District and Principal Shopping District.

The preferred redevelopment of this site is a historically appropriate rehabilitation of 200 E. Broadway and a complementary renovation of 111S. University. Staff from the Michigan State  Historic Preservation Office (SHPO) have toured the bank building and are prepared to offer guidance and support throughout the redevelopment process. Additional information, concept renderings, and a structural assessment are included in the Request for Developer Document (RFQ).

Additional information can be found on ZoomProspector and The City of Mt. Pleasant Website.

Overview

Street Address 200 E Broadway and 111 S University
City Mount Pleasant, MI
County Isabella County
Type of Space Commercial
Min Size 3,960 sq ft
Max Size 23,555 sq ft
Current Use Offices, Vacant

Site Details

Municipality City of Mount Pleasant
Total Acres .305 Acres in Downtown
Parking City and Street Parking Nearby
Zoning CD-5 Mixed Use / Commercial
Street Frontage Broadway and University Streets

Building Details

(200 E Broadway)

Age / Condition Built in 1880 as an Opera House. Significant renovations in 1906, 1949, and 1973
Total Building Sq Ft 23,555 sq ft
Multi-Tenant Building Potential

Utilities

Energy Service
Yes. Consumers Energy. 
Gas Service
Yes. DTE Energy. 
Water Service
Yes. City of Mount Pleasant. 
Sewer Service
Yes. City of Mount Pleasant. 
Broadband
Yes. Various providers.

Access

Distance to International Airport
MBS: 40 miles
Distance to Local Airport
Mt. Pleasant Municipal: 5 miles
Distance to Nearest Highway
<2 miles to  US-127
Distance to Nearest Interstate
2 miles to US-127

concept rendering exterior 1

current exterior

Concept Rendering

Current building exterior

concept rendering exterior 2

aerial view

Concept Rendering

Aerial View

REQUEST FOR DEVELOPER DOCUMENT

PROPERTY INFORMATION, CITY OF MT PLEASANT

Interested in this property? Contact our office today

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