Property summary
This exceptional investment opportunity presents a fully equipped, 2,194 square foot restaurant space located at 20195 Mack Avenue in Grosse Pointe Woods, Michigan, 48236. The property, zoned for commercial use, is offered at $1,000,000, translating to $38 per square foot. This freestanding building enjoys a highly visible corner location, a significant advantage for attracting customers. The former Boston Market location boasts a rare and desirable feature: ten dedicated parking spaces, supplemented by readily available metered street parking. The building has been vacant, presenting a blank canvas for a new culinary venture or a repositioning of the existing space. This is an absolute NNN lease type property. The property's prime location in the heart of Grosse Pointe Woods, coupled with its ample parking and established restaurant infrastructure, makes it an attractive proposition for discerning investors and restaurateurs. This is a unique opportunity, as the property has not been on the market for decades, representing a rare chance to acquire a well-situated commercial property in a thriving community. The building's size and layout are ideal for a variety of restaurant concepts.
Property profile
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Zoning & alternative use
The C commercial business district is intended to be that permitting retail business and service uses which are needed to serve the nearby residential areas, In order to promote such business development insofar as it is…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C · Grosse Pointe Woods, MIThe C commercial business district is intended to be that permitting retail business and service uses which are needed to serve the nearby residential areas, In order to promote such business development insofar as it is…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C commercial business district is intended to be that permitting retail business and service uses which are needed to serve the nearby residential areas, In order to promote such business development insofar as it is…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C in Grosse Pointe Woods, MI.
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