For Sale
$2,300,000

36217 Southbound Gratiot Ave Clinton Township, MI 48035

Established Business, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional mixed-use property, located at 36217 Southbound Gratiot Ave in Clinton Township, Michigan, presents a lucrative investment opportunity. The 12,000 square foot building, constructed in 1976 and extensively renovated in 2020, sits on a spacious lot ranging from one to 1.5 acres. Currently operating as a successful banquet center and restaurant, the property boasts the capacity to host over 400 guests simultaneously. The fully operational restaurant includes a separate, independent kitchen, ensuring efficient and versatile food service capabilities. Zoned for commercial use, this two-story building offers a single tenancy and is available for $2,300,000, translating to a price per square foot of $191.67. The property's prime location in Macomb County, Michigan, within the 48035 zip code, guarantees high visibility and accessibility. This owner-user investment is ideal for an entrepreneur seeking a turnkey operation with significant growth potential. The property's substantial size and established reputation make it a rare find in the market. The extensive renovation ensures modern amenities and functionality, minimizing immediate capital expenditure needs. This is a unique chance to acquire a thriving business with significant real estate value in a desirable location.

Highlights

  • $2,300,000 asking price for this mixed-use property.
  • 12,000 square feet, with a price per square foot of $191.67.
  • Located at 36217 Southbound Gratiot Ave, Clinton Twp, MI 48035.
  • Includes a fully operational restaurant with a separate kitchen, capable of hosting over 400 guests.
  • Sits on a 1-1.5 acre lot.
  • Features a two-story building, built in 1976 and renovated in 2020.

Property Details for 36217 Southbound Gratiot Ave

Property type
Specialty properties, Wedding venues
Square Feet
12,000 SF
Year Built/Renovated
1976/2020
Buildings
1
Stories
2
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.5631864
Longitude
-82.8957718

FAQs

What type of property is this?
Specialty property - Established Business, High-Traffic Location
Where is the specialty property located?
The property is located at 36217 Southbound Gratiot Ave Clinton Township, MI.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: $2,300,000 asking price for this mixed-use property.; 12,000 square feet, with a price per square foot of $191.67.; Located at 36217 Southbound Gratiot Ave, Clinton Twp, MI 48035.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
36217 Southbound Gratiot Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message