29220 Gratiot Ave - Restaurant FOR SALE


Roseville, MI 48066
$495,000 USD
29220 Gratiot Ave, Roseville, MI for Sale
$495,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

Sep '26


29220 Gratiot Ave
Roseville, MI 48066


HIGHLIGHTS

  • Turn-key restaurant property in a high-traffic commercial location
  • Successful restaurant operator has occupied this location for more than 50 years
  • Continue the current restaurant concept or introduce a new operation.
  • Ample off Street Parking

OVERVIEW

Rare opportunity to acquire a turn-key restaurant property in a high-traffic commercial location. The same successful restaurant operator has occupied this location for more than 50 years, offering an established setting for a new owner to continue the current restaurant concept or introduce a new operation. The property was renovated in 2022 and is equipped for immediate restaurant use, significantly reducing the time and expense associated with opening a new location. Additional highlights include parking for 33 vehicles, excellent visibility and accessibility, and a strong commercial setting surrounded by numerous national tenants. An outstanding opportunity for an owner-operator, restaurateur, or investor seeking a well-established restaurant location.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,777 SF

ZONING

RESTAURANT

APN/PARCEL ID

08-14-09-356-004

ASK ABOUT THIS PROPERTY

Jimmy SarosSaros Real Estate ServicesMore Info

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Jimmy SarosSaros Real Estate ServicesMore Info

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