Downtown Restaurant Banquet Facility

Retail-Commercial for Sale
Catylist Listing ID: 30347251
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 7,608 SF
Gross Building Area: See Agent
Sale Price: $695,000
Unit Price: $91.35 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

High profile, easily accessible corner NB Gratiot Ave. Walk to and from downtown county & court buildings, shopping, entertainment, Oakland University Macomb campus, residential. Includes Class C liquor license, all kitchen equipment, and furniture. Beautiful finishes; custom bar; fully furnished dining room. Main St. patio plus space for private events/banquets. Abundant on site parking; adjacent to municipal lot. Close to I-94 and M-59.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 11-11-476-048
Zoning: CB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,269 93,014 236,548
Median Age: 36.87 40 40.29
Households: 6,689 38,783 96,062
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