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Former Restaurant Building For Sale
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3024 Krafft Rd, Fort Gratiot Township, MI 48059

Former Hooters building suitable for owner-users and investors.

Property Size4,122 SF
Price / SF$127.37
Days on Market750

Property Features for 3024 Krafft Rd

General Information

Standard status Active
Size 4,122 SF
Class C
Property subtype Retail
Zoning C-2
Lease Type Modified Gross
Investment Type Owner/User

Building Details

Year Built 2002
Buildings 1
Stories 1
Units 1
Listing Agency: Pilot Property Group
Listed By: Tom Blount · License #MI 6506044569
Source: Crexi
Added: Aug 17, 2024 Changed: Aug 31 Last Checked: Sep 1 at 9:52PM

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 Pilot Property Group

Investment Insights

Based on property information with market context.

This former Hooters building, with a property size of 4122 square feet, offers an opportunity for owner-users and investors. The property is positioned to provide visibility and is located near demand drivers. The location may be suitable for a new bar or restaurant to leverage the existing customer base and tenant synergy in the area.

Key Highlights

  • Exceptional visibility for attracting customers.
  • Ideal location for a bar or restaurant.
  • Surrounded by strong demand drivers.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Law Firm

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

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
316k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 28% Shops & Services 24% Groceries 17% Apparel 16%
T.J. Maxx Apparel
44,092 visits/mo 0.2 miles
Kroger Groceries
35,569 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
26,196 visits/mo 0.4 miles
Aldi Groceries
18,465 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,738 visits/mo 0.3 miles

Demographics for 48059, MI

15,319
Population
7,324
Households
2.1
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
31.7 sq mi
ZIP Area
483
Density / Sq Mi
$78,841
Median Household Income
$44,716
Median Earnings
$956
Median Rent
$199,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Olive Garden Italian Restaurant 4210 24th Ave, Fort Gratiot Twp, MI 48059
  • Starbucks 4300 24th Ave, Fort Gratiot Twp, MI 48059

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former Hooters building suitable for owner-users and investors.
Where is this bar & pub located?
The property is located at 3024 Krafft Rd Fort Gratiot Township, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Exceptional visibility for attracting customers.; Ideal location for a bar or restaurant.; Surrounded by strong demand drivers.
(810) 987-2555 Call to check price and availability
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