32821 Grand River Avenue, Farmington, Michigan

$2,700,000

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9,588

Square feet

0.77

Acres

About 32821 Grand River Avenue

An excellent opportunity to own a newer, trendy, beautiful restaurant in the heart of Farmington downtown. Fantastic area with good foot traffic and limited competition. Located along the busy traffic of Grand River Ave., with great visibility. Completed renovation in 2020 and bought next lot to build an expansion 1,000 SF in 2022. A unique blend of 5,294 SF of exquisite first-floor dining, 4,294 SF of second-floor with 2 units of one bedroom/1.5 bath and 1 unit of 2 bedroom/2.1 bath apartments which brings $4,600/month additional cash flow. 2950 SF of fully utilized basement for catering and storage. It operates as a cajun seafood restaurant, and the new owner can easily convert it into another food service restaurant. Price includes real estate, all equipment, and business. Business only for $400,000. All information is deemed reliable but not guaranteed.

Features of 32821 Grand River Avenue

MLS® # 60378346
Price $2,700,000
Square Footage 9,588
Acres 0.77
Year Built 20
Type Commercial
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 32821 Grand River Avenue
Area Farmington
Subdivision Assr's Plat No 2 - City Of Farmington
City Farmington
County Oakland
State Michigan
Zip Code 48336 3115

Amenities

Features Elevator(s)
Is Waterfront No

Interior

Heating Forced Air, Zoned Heating

Exterior

Roof Asphalt
Construction Brick
Foundation Basement

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCommunity Choice Realty Inc

Listing Map

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