REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 89,900
Est. payment /mo
New
31298 Groesbeck Hwy Fraser, MI 48026
900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $99
Subdivision Mi
MLS Listing ID 61032729
Lot Dimensions BUSINESS ONLY
Property Sub-Type Commercial/Industrial
Property Description
GREAT BUSINESS OPPURTUNITY IN A BUSY TRAFFIC AREA. FORMERLY A MIDDLE EASTERN RESTARUANT. CURRENTLY CLOSED RIGHT NOW. SURROUNDED BY A LOT OF BUSINESSES IN THE AREA. ALL THE EQUIPMENT REMAINS FOR THE NEW OWNER. READY TO START COOKING RIGHT AWAY. RENT IS $2348 A MONTH AND IT EXPIRES IN MAY OF 2028. NET PROFIT WAS AROUND $450,000 IN 2025. CURRENT OWNERS DON'T HAVE TIME TO RUN IT ANYMORE. THEY HAVE OTHER VENTURES. RESTAURANT HAS A REMODELED HALF BATH, FREEZEERS, REFRIGERATOR, PREPPING AREA AND MUCH MORE.
Location
State MI
County Macomb
Area Fraser (50014)
Zoning Commercial
Interior
Heating Forced Air
Building
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by CRK Realty





