Restaurant with Existing
New
For Sale
$89,900
31298 Groesbeck Hwy, Fraser, MI 48026
The closed restaurant retains its equipment, prep area, refrigeration, and remodeled half bath.
Property Size900 SF
Price / SF$99.89
Days on Market2
Property Features for 31298 Groesbeck Hwy
General Information
Standard status
Active
Size
900 SF
Additional Details
Business Included
Yes
Equipment Included
Yes
Listing Agency:
CRK Realty
Listed By:
Kay Kasshamoun · License #6501305623
(586) 802-1000
Source:
Katie-k
Added: Sep 26
Last Checked: Sep 26 at 3:03PM
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 CRK Realty
Investment Insights
Based on property information with market context.
A closed restaurant at 31298 Groesbeck Hwy in Fraser retains its existing equipment, including freezers and a refrigerator, along with a prep area and remodeled half bath. The space previously operated as a Middle Eastern restaurant. The lease is set to expire in May 2028.
Key Highlights
- Existing restaurant equipment remains in place
- Includes freezers, a refrigerator, and a prep area
- Remodeled half bath
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 44%
Electronics 2%
Dollar Tree
Shops & Services
18,390 visits/mo
0.3 miles
Valero Energy
Shops & Services
9,706 visits/mo
0.2 miles
Ram's Horn
Dining
9,572 visits/mo
0.4 miles
Jimmy John's
Dining
9,535 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,638 visits/mo
0.0 miles
Demographics for 48026, MI
14,726
Population
6,778
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,592
Density / Sq Mi
$61,118
Median Household Income
$40,198
Median Earnings
$827
Median Rent
$193,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The closed restaurant retains its equipment, prep area, refrigeration, and remodeled half bath.
Where is this conventional restaurant located?
The property is located at 31298 Groesbeck Hwy Fraser, MI.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Existing restaurant equipment remains in place; Includes freezers, a refrigerator, and a prep area; Remodeled half bath
