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32821 Grand River Avenue

Farmington, MI 48336
  • $2,700,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 20250016230
UPDATED: 61 min ago
$2,700,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,588
    SQFT
  • $282
    $/SQFT
Type:
Commercial
Built:
2009
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
131 x 164

School Ratings & Info

School District:

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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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-07-08T16:05:11.263.
www.bhhssnyder.com/homes/161749828
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32821 Grand River Avenue Farmington, MI 48336

  • Price: $2,700,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 61 min ago
  • MLS #: 20250016230
0
Beds
0
Baths
0
½ Baths
0.77
Acres
9,588
SQFT
$282
$/SQFT
2009
Built
Neighborhood:
Assr's Plat No 2 - City Of Farmington
County:
Oakland
Area:
Farmington
School District:
FARMINGTON
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.
Exterior Features

Architecture Level 2 Story Construction Materials Brick Foundation Details Basement Foundation Materials Poured Lot Size Dimensions 131 x 164 Road Frontage Feet 131 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Building Area Source Owner Commercial Utilities Elevator Heating Cooling Forced AirZoned Heating Fuel Natural Gas Office Heating Cooling Central AirForced Air Sq Ft Main 9588 Sq Ft Office 200 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 0 Unit Two Bed Number Of 1

Property Features

Accessibility Features Accessible Approach with RampAccessible Elevator InstalledAccessible Entrance Assessment 2485.00 Commercial Type ApartmentsBusiness And Real Estate Existing Lease YN Yes Gross Scheduled Income 734000.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Monthly Sales 57000 Net Operating Income 134000.00 Operating Expense 600000.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 100 Possession At Close Postal City Farmington Protection Period 120 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 26714.0000 Tax Amount Winter 8053.0000 Title Standard (Private) Total Tax 34767.0000 Unparsed Address 32821 GRAND RIVER Avenue Water Source Public (Municipal) Year Remodeled 2020 Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Community Choice Realty Inc: (248) 729-0011 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-07-08T16:05:11.263.
 
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