36217 Southbound Gratiot AveClinton Township, MI 48035

Property Details for 36217 Southbound Gratiot Ave

Year built

1976

Lot size

1.00 AC

Property size (Sq ft)

12,000 SF

Property type

Specialty properties

Property subtype

Wedding venues

Description

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.

Location Insight

City

Clinton Township

County

Macomb

State

Michigan

Latitude

42.5632

Longitude

-82.8958

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