For Sale
$925,000

37116 Groesbeck HwyClinton Township, MI 48036

Established eatery, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional restaurant opportunity is located at 37116 S Groesbeck Hwy in Clinton Township, Macomb County, Michigan, 48036. The property boasts 3,693 square feet situated on a 0.735-acre lot. Currently operating as Zorba's, a family-run restaurant since 2001, this turnkey business offers immediate income potential. All fixtures and equipment are included in the sale, with a detailed list available upon request. The asking price is $925,000. The property benefits from excellent exposure and a high traffic count, making it an ideal location for a thriving restaurant. The property's strategic location is further enhanced by its proximity to Parkway Shopping Plaza, which is currently undergoing revitalization with new tenant acquisitions. This presents a significant opportunity for synergistic growth and increased customer traffic. The single-unit property is classified as retail, specifically a restaurant, and presents a rare chance to acquire an established business with significant upside potential in a desirable location. This is a fantastic opportunity for an experienced restaurateur or an investor seeking a strong return on investment.

Highlights

  • Offers requested.
  • Established family restaurant (Zorba's) operating since 2001.
  • FF&E included; detailed inventory available.
  • Across the street from Parkway Shopping Plaza, experiencing significant tenant improvements.

Property Details for 37116 Groesbeck Hwy

Property type
Retail properties, Restaurants
Square Feet
3,693 SF
Lot Size (sq. ft)
32,017 SF
Units
1

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.570896
Longitude
-82.9103901
37116 Groesbeck Hwy, Clinton Township, Michigan

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37116 Groesbeck Hwy
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