Two-Story Restaurant
For Sale
$2,145,000
34375 S Gratiot Avenue, Clinton Township, MI 48035
COMMERCIAL - Clinton Township, MI
Property Size33,000 SF
Lot Size3.21 Acres
Price / SF$65
Days on Market51
Property Features for 34375 S Gratiot Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Subdivision
Clinton Twp (50011)
Standard status
Active
APN
16-11-34-130-032
Size
33,000 SF
Lot size
3.21 Acres
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
2010
Listing Agency:
Pilot Property Group - Residential LLC
(586) 254-0900
Listed By:
Alexander Termini · License #6501392648
(586) 291-0499
Added: Jun 11
Changed: Jun 16
Last Checked: Jul 31 at 10:06PM
MLS# 50211015
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story commercial building offers multiple room sizes and includes a dedicated kitchen area equipped with a hood vent and a walk-in cooler. The property also has its own generator, supporting day-to-day operational continuity for food service or other compatible uses. With approximately 33,000 square feet of building area on a 3.21-acre lot, the layout provides flexible options for configured interior space.
The property is located at 34375 S Gratiot Avenue in Clinton Township, Michigan (Macomb County). Ample parking is available on site, which can be important for restaurant operations and customer access.
For buyers seeking a commercial kitchen and restaurant-ready infrastructure in an established, multi-room two-story building, this offering provides key operational features including the hood vent, walk-in cooler, and on-site generator. The combination of flexible room sizes and on-site parking can support a range of food-service concepts or other uses that require a prepared kitchen environment.
The property is located at 34375 S Gratiot Avenue in Clinton Township, Michigan (Macomb County). Ample parking is available on site, which can be important for restaurant operations and customer access.
For buyers seeking a commercial kitchen and restaurant-ready infrastructure in an established, multi-room two-story building, this offering provides key operational features including the hood vent, walk-in cooler, and on-site generator. The combination of flexible room sizes and on-site parking can support a range of food-service concepts or other uses that require a prepared kitchen environment.
Key Highlights
- 2‑story building built in 2010
- Kitchen area with hood vent and walk‑in cooler
- Own generator included
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $269.3k | $8.16 |
| − Vacancy | −$15.1k | −$0.46 |
| EGI | $254.2k | $7.70 |
| − OpEx | −$76.3k | −$2.31 |
| NOI | $177.9k | $5.39 |
33,000 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$6.18M
$5.41M – $7.21M
NOI $432,469 @ 7.0% cap · market cap 20.16%
Second Best
Industrial
$2.54M
$2.22M – $2.97M
NOI $177,940 @ 7.0% cap · market cap 8.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
288k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Apparel 19%
Groceries 16%
Shops & Services 13%
Target
Superstores
138,272 visits/mo
0.2 miles
T.J. Maxx
Apparel
44,160 visits/mo
0.2 miles
Aldi
Groceries
27,114 visits/mo
0.3 miles
Dollar Tree
Shops & Services
21,199 visits/mo
0.3 miles
Gordon Food Service
Groceries
20,059 visits/mo
0.2 miles
Demographics for 48035, MI
34,018
Population
15,615
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
3,866
Density / Sq Mi
$69,245
Median Household Income
$41,167
Median Earnings
$1,111
Median Rent
$181,300
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?
Commercial kitchen - Two-story facility with a built-in kitchen, hood vent, walk-in cooler, and generator, supported by ample parking.
Where is this commercial kitchen located?
The property is located at 34375 S Gratiot Avenue Clinton Township, MI.
What is the asking price?
The asking price for this property is $2,145,000.
What are key features of this property?
This property features: 2‑story building built in 2010; Kitchen area with hood vent and walk‑in cooler; Own generator included
