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Historic Restaurant with Banquet Space
For Sale
$2,900,000

1071 32nd Street, Allegan, MI 49010

The property combines a steakhouse operation with an adjacent setting for weddings, community gatherings, and catering events.

Property Size35,880 SF
Lot Size22.30 Acres
Price / SF$80.82
Days on Market127

Property Features for 1071 32nd Street

General Information

Standard status Active
Size 35,880 SF
Lot size 22.30 Acres
Property subtype Business Opportunity
Lease Term Cash, Conventional

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $29,724

Amenities

stocked pond
gazebo

Building Details

Building Size 35,880 SF
Year Built 1836
Units 2
Listing Agency: Weichert REALTORS Plat Allegan
Listed By: Benjamin M Otis · License #6502390146
Source: Sabudarealty
Added: Apr 2 Changed: Aug 6 Last Checked: Aug 6 at 1:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert REALTORS Plat Allegan

Investment Insights

Based on property information with market context.

This 35,880-square-foot restaurant property includes The Grill House, a steakhouse with a grill-your-own dining concept, along with The Silo, an adjacent banquet and catering facility. The improvements date to 1836 and support multiple food-service and event functions within the same property.

The offering encompasses 22.3 acres at 1071 32nd Street in Trowbridge Township, Michigan. Grounds include a stocked pond, gazebo, and abundant wildlife, creating an outdoor setting connected to the restaurant and event uses. The Silo has accommodated weddings, community events, and catering activities, while the restaurant provides an established dining component.

Key Highlights

  • 35,880‑square‑foot restaurant property with adjacent banquet and catering facility
  • The Grill House features a grill‑your‑own steakhouse dining concept
  • The Silo accommodates weddings, community events, and catering functions

Property Analytics

Current Use

The Grill House Restaurant The Silo Banquets & Catering Take-out & Catering

Suggested Use

Top Pick Electrical Service Plumbing Service Restaurant Nursing Home Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49010, MI

18,183
Population
7,222
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
93%
High-School Grad
156.6 sq mi
ZIP Area
116
Density / Sq Mi
$72,361
Median Household Income
$42,133
Median Earnings
$1,061
Median Rent
$204,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property combines a steakhouse operation with an adjacent setting for weddings, community gatherings, and catering events.
Where is this conventional restaurant located?
The property is located at 1071 32nd Street Allegan, MI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 35,880‑square‑foot restaurant property with adjacent banquet and catering facility; The Grill House features a grill‑your‑own steakhouse dining concept; The Silo accommodates weddings, community events, and catering functions
More about this property
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