Turnkey Restaurant with Redevelopment
For Sale
$66,000
37116 South Groesbeck Highway, Clinton Township, MI 48036
Fully operational restaurant on a sizable lot with ample parking and OS-1 Office/Service flexibility for future concepts.
Property Size3,752 SF
Lot Size0.73 Acres
Price / SF$17.59
Days on Market72
Property Features for 37116 South Groesbeck Highway
General Information
Standard status
Active
Size
3,752 SF
Lot size
0.73 Acres
Property subtype
Retail
Zoning
OS-1
Additional Details
Business Included
Yes
Listing Agency:
Diplomat Realty
(248) 351-2042
Listed By:
Gordon Denha · License #414648
(248) 351-2042
Source:
Cbre
Added: Jun 17
Changed: Aug 23
Last Checked: Aug 26 at 5:27AM
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 Diplomat Realty
Investment Insights
Based on property information with market context.
This property is a fully operational, turnkey restaurant offering 3,693 square feet of space designed to support ongoing restaurant operations. The existing layout can also support related service uses such as catering or banquet-style events, giving an operator multiple ways to run the business from day one. The site is set on a 0.73-acre lot with ample on-site parking, and the grounds provide room for outdoor seating and potential expansion or redevelopment.
Located along the high-traffic Groesbeck corridor in Clinton Township, the property benefits from strong day-to-day visibility associated with a major commuting route. The combination of a dedicated restaurant facility, on-site parking, and the site’s size positions it well for both continued food service operations and alternative commercial uses.
The property is zoned OS-1 Office/Service Low-Rise District, which supports a broad range of potential tenant or user applications. In addition to restaurant or carry-out use, the zoning accommodates concepts such as catering hall, medical or professional office, and retail, along with other service and mixed-use options consistent with OS-1. For a buyer or owner-user, it offers immediate restaurant continuity while also providing flexibility for a future change of use if desired.
Located along the high-traffic Groesbeck corridor in Clinton Township, the property benefits from strong day-to-day visibility associated with a major commuting route. The combination of a dedicated restaurant facility, on-site parking, and the site’s size positions it well for both continued food service operations and alternative commercial uses.
The property is zoned OS-1 Office/Service Low-Rise District, which supports a broad range of potential tenant or user applications. In addition to restaurant or carry-out use, the zoning accommodates concepts such as catering hall, medical or professional office, and retail, along with other service and mixed-use options consistent with OS-1. For a buyer or owner-user, it offers immediate restaurant continuity while also providing flexibility for a future change of use if desired.
Key Highlights
- Zorba’s Family Restaurant is fully operational with a built‑in customer base.
- 3,693 SF restaurant on a 0.73‑acre lot with ample on‑site parking.
- Year built: 1972.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Sunoco
Shops & Services
12,738 visits/mo
0.2 miles
White Castle
Dining
11,664 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,003 visits/mo
0.1 miles
Arby's
Dining
5,310 visits/mo
0.2 miles
Shell
Shops & Services
4,030 visits/mo
0.3 miles
Demographics for 48036, MI
22,517
Population
9,855
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
2,713
Density / Sq Mi
$65,109
Median Household Income
$36,730
Median Earnings
$1,018
Median Rent
$201,000
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 - Fully operational restaurant on a sizable lot with ample parking and OS-1 Office/Service flexibility for future concepts.
Where is this conventional restaurant located?
The property is located at 37116 South Groesbeck Highway Clinton Township, MI.
What is the asking price?
The asking price for this property is $66,000.
What are key features of this property?
This property features: Zorba’s Family Restaurant is fully operational with a built‑in customer base.; 3,693 SF restaurant on a 0.73‑acre lot with ample on‑site parking.; Year built: 1972.
