36217 Southbound Gratiot Ave Clinton Township, MI 48035
- Specialty properties
- 12,000 SF
- 1.00 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 36217 Southbound Gratiot Ave
- Year built
- 1976
- Lot size
- 1.00 lot acres
- Property size
- 12,000 SF
- Property type
- Specialty properties
- Property subtype
- Wedding venues
Description
This exceptional mixed-use property, located at 36217 Southbound Gratiot Ave in Clinton Township, Michigan, presents a lucrative investment opportunity. The 12,000 square foot building, constructed in 1976 and extensively renovated in 2020, sits on a spacious lot ranging from one to 1.5 acres. Currently operating as a successful banquet center and restaurant, the property boasts the capacity to host over 400 guests simultaneously. The fully operational restaurant includes a separate, independent kitchen, ensuring efficient and versatile food service capabilities. Zoned for commercial use, this two-story building offers a single tenancy and is available for $2,300,000, translating to a price per square foot of $191.67. The property's prime location in Macomb County, Michigan, within the 48035 zip code, guarantees high visibility and accessibility. This owner-user investment is ideal for an entrepreneur seeking a turnkey operation with significant growth potential. The property's substantial size and established reputation make it a rare find in the market. The extensive renovation ensures modern amenities and functionality, minimizing immediate capital expenditure needs. This is a unique chance to acquire a thriving business with significant real estate value in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clinton Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8958
- Latitude
- 42.5632
