Property summary
The property is a turn-key restaurant facility located in downtown Grand Blanc on S Saginaw St, within walking distance of the high school, shopping mall, city offices, and surrounding businesses. The building provides approximately 2,100 square feet and includes a dining area with seating for about 30 guests indoors, along with additional outdoor seating that allows for potential future expansion. The restaurant is configured for food service, with kitchen and mechanical systems—including HVAC—that were updated within the past 10 years. The offer historically included the business operations along with equipment and inventory, and a liquor license was included as part of the operation. The building is operated under a leased arrangement, with the landlord indicated as open to transferring lease terms to a qualified new owner.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Restaurant Cafe & Coffee Shop
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Textile Manufacturer Factory
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Business Service Center Corporate Office
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
III: LDMF AND HDMF MULTIPLE-FAMILY RESIDENTIAL DISTRICTS ARTICLE IX: OS-1 OFFICE SERVICE DISTRICT ARTICLE X: CBD CENTRAL BUSINESS DISTRICT (Amended 7-20-2013) ARTICLE XI: B-1 NEIGHBORHOOD BUSINESS DISTRICTS ARTICLE XII:…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Grand Blanc, MIIII: LDMF AND HDMF MULTIPLE-FAMILY RESIDENTIAL DISTRICTS ARTICLE IX: OS-1 OFFICE SERVICE DISTRICT ARTICLE X: CBD CENTRAL BUSINESS DISTRICT (Amended 7-20-2013) ARTICLE XI: B-1 NEIGHBORHOOD BUSINESS DISTRICTS ARTICLE XII:…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
III: LDMF AND HDMF MULTIPLE-FAMILY RESIDENTIAL DISTRICTS ARTICLE IX: OS-1 OFFICE SERVICE DISTRICT ARTICLE X: CBD CENTRAL BUSINESS DISTRICT (Amended 7-20-2013) ARTICLE XI: B-1 NEIGHBORHOOD BUSINESS DISTRICTS ARTICLE XII:…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Grand Blanc, MI.
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