31298 Groesbeck Hwy, Fraser, Michigan
$89,900
About 31298 Groesbeck Hwy
GREAT BUSINESS OPPURTUNITY IN A BUSY TRAFFIC AREA. FORMERLY A MIDDLE EASTERN RESTARUANT. CURRENTLY CLOSED RIGHT NOW. SURROUNDED BY A LOT OF BUSINESSES IN THE AREA. ALL THE EQUIPMENT REMAINS FOR THE NEW OWNER. READY TO START COOKING RIGHT AWAY. RENT IS $2348 A MONTH AND IT EXPIRES IN MAY OF 2028. NET PROFIT WAS AROUND $450,000 IN 2025. CURRENT OWNERS DON'T HAVE TIME TO RUN IT ANYMORE. THEY HAVE OTHER VENTURES. RESTAURANT HAS A REMODELED HALF BATH, FREEZEERS, REFRIGERATOR, PREPPING AREA AND MUCH MORE.
Features of 31298 Groesbeck Hwy
| MLS® # | 20261076976 |
|---|---|
| Price | $89,900 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 9999 |
| Type | Business Opportunity |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 31298 Groesbeck Hwy |
|---|---|
| Area | 03181 - Fraser |
| City | Fraser |
| County | Macomb |
| State | Michigan |
| Zip Code | 48026 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Brick |
|---|
School Information
| District | Fraser |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | CRK Realty |
|---|---|
| Contact Info | kkasshamoun@gmail.com |