100 Gratiot Blvd Marysville, MI 48040
- Turn key restaurants
- 14,228 SF
- 1.70 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 100 Gratiot Blvd
- Year built
- 1900
- Lot size
- 1.70 lot acres
- Property size
- 14,228 SF
- Zone code
- M-1
- Property type
- Turn key restaurants
- APN
- 74-03-028-1024-000
- APU
- 74030281024000
Description
This expansive 14,228 square foot industrial property located at 100 GRATIOT in Marysville, Michigan, presents a unique investment opportunity. The building offers significant potential for a variety of uses. A substantial portion of the space was previously configured as a banquet hall, complete with a pre-installed kitchen, providing a solid foundation for a food service or event-related business. A smaller area on the north side of the building is currently under lease to a Coney Island restaurant, generating existing income. The property's strategic location near the St. Clair River places it within easy reach of numerous other businesses and factories, offering excellent access to transportation and a strong workforce. It's important to note that a section of the flat roof has experienced a collapse and requires substantial repairs. This factor is reflected in the asking price of $600,000. The seller is highly motivated to find a buyer and is open to considering land contract terms, making this an attractive proposition for those seeking a flexible financing option. This property is being sold AS-IS. Don't miss this chance to acquire a large industrial space with significant upside potential in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.457
- Latitude
- 42.9341
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
