37116 S Groesbeck Hwy - Restaurant FOR SALE


Clinton Township, MI 48036
$780,000 USD
586-405-5274
37116 S Groesbeck Hwy, Clinton Township, MI for Sale
$780,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

37116 S Groesbeck Hwy
Clinton Township, MI 48036


HIGHLIGHTS

  • Growth Potential: Parkway Shopping Plaza across the street attracting new tenants
  • Turn-Key Opportunity: Fixtures and equipment included. Pylon signage is available.
  • Established Business: Zorba's Resturtant Operating since 2001
  • Excellent visibility with over 70,000 VPD from 16 Mile Road and Groesbeck Highway.
  • Strong Demographics: Over 12,000 residents within 1 mile
  • New Price: $780,000 (Reduced $145,000 from $925,000)

OVERVIEW

Zorba’s Restaurant – a Clinton Township landmark since 2001 – offers a rare chance to acquire a fully equipped, free-standing restaurant with exceptional visibility along Groesbeck Hwy. Spanning 3,693 SF on 0.735 acres, the property features ample parking, a spacious dining area, and a well-maintained kitchen with included fixtures and equipment. Its strategic location in a high-traffic corridor ensures consistent exposure and accessibility

FOR SALE DETAILS

PRICE

$780,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Zorba's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

OS-1

APN/PARCEL ID

16-11-22-352-027

ASK ABOUT THIS PROPERTY

Lino ScamardellaLino Realty, Inc.More Info
586-405-5274

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Lino ScamardellaLino Realty, Inc.More Info
586-405-5274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.