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

Mixed-use properties

Property subtype

Other specialty properties

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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