20195 Mack Ave Grosse Pointe Woods, MI 48236-1821
- Drive through restaurants
- 2,194 SF
- 0.16 lot acres
Jan 08, 2025
Current Use by Public Records
- Lauren Garage Door Repairs / Repair Service / Garage Door Supplier
Property Details for 20195 Mack Ave
- Year built
- 1992
- Construction
- FRAME
- Lot size
- 0.16 lot acres
- Property size
- 2,194 SF
- Zone code
- C
- Property type
- Drive through restaurants
- APN
- 40 011 01 1554 000
- APU
- 40011011554000
Description
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.
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
- Grosse Pointe Woods
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9088
- Latitude
- 42.4355
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA