For Lease
$9/SF/YR

872 Michigan Ave Marshall, MI 49068

Turnkey Banquet Facility, 5,400-6,900 SF

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 12,526 square foot turnkey banquet facility, situated on 1.2 acres in Calhoun County, presents a unique investment opportunity. Built in 1980, the property currently features a single, fully furnished suite encompassing a professional kitchen, full bar equipped with freezer and cooler, and seating for up to 276 guests. A significant 5,400 square feet of space is currently vacant, offering immediate occupancy for a new tenant. The minimum divisible space is 5,400 square feet, with a maximum contiguous space of 6,900 square feet. This versatile property boasts a rich history of hosting weddings, birthday parties, corporate events, and more. Its ample parking and potential for outdoor wedding expansions add significant value. The property's existing infrastructure lends itself to a variety of uses, including a restaurant or bar. A Michigan Class C liquor license is available for purchase, exclusively for on-site use, and is not sold separately. This turnkey operation provides an immediate return on investment, eliminating the need for extensive renovations or start-up costs. The property's established reputation and diverse potential uses make it an attractive proposition for discerning investors seeking a profitable venture in a thriving market.

Highlights

  • Turnkey banquet facility with furnishings.
  • Commercial kitchen included.
  • Seats up to 276 guests.
  • Full bar, freezer, and cooler included.
  • Outdoor wedding venue potential.
  • Restaurant or bar conversion opportunity.

Property Details for 872 Michigan Ave

Property type
Retail properties
RSF (Rentable sq. ft)
12,526 SF
Year Built
1980

Unit(s) available at that property

Space
Available Space
Size
5,400 SF
Rate per SF
$9

Location Insight

City
Marshall
County
Calhoun
State
Michigan
Latitude
42.2734911
Longitude
-84.9439533

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FAQs

What type of property is this?
Retail property - Turnkey Banquet Facility, 5,400-6,900 SF
Where is the retail property located?
The property is located at 872 Michigan Ave Marshall, MI.
What is the lease rate?
The lease rate is $9/SF/YR.
What are key features of this property?
This property features: Turnkey banquet facility with furnishings.; Commercial kitchen included.; Seats up to 276 guests.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Scott Adams
Visit Broker Website

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Useful Information

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Michigan Ave
Marshall, MI 49068

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Michigan Ave
Marshall, MI 49068

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

872 Michigan Ave
  • Scott Adams
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