32821 GRAND RIVER Avenue Active Save Request In-Person Tour Request Virtual Tour
Farmington,MI 48336
Key Details
Property Type Commercial
Sub Type Apartments,Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 9,588 sqft
Price per Sqft $312
Subdivision Assr'S Plat No 2 - City Of Farmington
MLS Listing ID 20250016230
Bedrooms 3
Originating Board Realcomp II Ltd
Year Built 2009
Annual Tax Amount $34,767
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 131 x 164
Property Sub-Type Apartments,Business And Real Estate
Property Description
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.
Location
State MI
County Oakland
Area Farmington
Zoning Commercial
Direction S GRAND RIVER
Interior
Heating Forced Air,Zoned
Heat Source Natural Gas
Exterior
Utilities Available Elevator
Roof Type Asphalt
Accessibility Accessible Approach with Ramp,Accessible Elevator Installed,Accessible Entrance
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Brick
Schools
School District Farmington
Others
Tax ID 2327156004
Ownership Short Sale - No,Private Owned
Assessment Amount $2,485
Acceptable Financing Cash,Conventional
Rebuilt Year 2020
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250016230