Two-Story Restaurant
34375 S Gratiot Avenue Clinton Township, MI 48035
For Sale
$2,145,000
COMMERCIAL - Clinton Township, MI
Property Size33,000 SF
Lot Size3.21 Acres
Price / SF$65
Days on Market47
Property Features for 34375 S Gratiot Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- 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 27 at 4:06AM
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial kitchens
FAQs
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
