MI
Oakland
Farmington City
48336
32821 GRAND RIVER Avenue
32821 GRAND RIVER Avenue, Farmington City, MI 48336
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Listing Type
Commercial/Industrial
Listing Status
active
31
$2,700,000

Home Details for 32821 GRAND RIVER Avenue

Price
$2,700,000
Type
Commercial Sale
Bedrooms
4
Bathrooms
Square feet
9588
Year built
2009
Lot size acres
0.77
County
Oakland
Garage
Days on site
263
MLS Listing#
20250016230
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.

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Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
    • Zoned
  • Utilities
    • Cable Connected
    • Underground Utilities
  • Parking
    • Lighted
    • Parking Lot
  • Cooling Information
    • None
  • Water Features
    • Public
  • House Interior
    • Elevator
Listing Courtesy: Community Choice Realty Inc - 248-729-0011
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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