100 Gratiot Blvd, Marysville, MI 48040-2309
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Marysville, MIMarysville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.