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Investment Highlights

  • 5,232 square feet available
  • Great signage, visibility and curb appeal
  • Many new developments in the area
  • Turnkey restaurant with liquor license and FF&E available
  • Abundant parking on 1.54-acre lot
  • Sale Price: $1,295,000 ($247.52 sq. ft.)

Executive Summary

Turnkey restaurant with liquor license and FF&E available. Great signage, visibility and curb appeal with abundant parking on 1.54 acre lot. Many new developments in the area.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,232 SF
Building Class
C
Year Built/Renovated
1980/2019
Price
$1,295,000
Price Per SF
$247.52
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.54 AC
Zoning
C3 - General Commercial
Parking
70 Spaces (13.38 Spaces per 1,000 SF Leased)
Frontage
238’ on Gratiot Ave
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Fifth Third Bank
Bob Evans Restaurants
Toyota
Starbucks
Huntington National Bank
The Pantry

Property Taxes

Property Taxes

Parcel Number
15-09-31-103-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$471,300
  • Listing ID: 35011215

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 46777 Gratiot Ave, Chesterfield, MI 48051

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