32821 GRAND RIVER Avenue Farmington, MI $ 2,700,000
32821 GRAND RIVER Avenue
$ 2,700,000
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32821 GRAND RIVER Avenue

Farmington, MI, 48336
$ 2,700,000
Bedrooms-- Baths-- Sq 9,588

Monthly Estimate*

$ 16,844

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Commercial Property for sale in Farmington, MI

for $2,700,000. This 9,588 square foot building was built on a lot size of 0.77.

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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Commercial Active

Price

$ 2,700,000

Property Type

Commercial

Taxes

$ 34,767

Style

Commercial/Industrial

Lot Size

0.77

Town/City

Farmington

County/Region

Oakland

MLS | Web ID

60378346

Features
General
Heating Forced Air Zoned Heating
Possession At Close
Roof Asphalt
Water Public Water
Status Active Active
Year Built 20
Subdivision ASSR'S PLAT NO 2 - CITY OF FARMINGTON MI
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Farmington
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Elevator(s)
Area Farmington (63263)
Primary City Farmington
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250016230
Directions S GRAND RIVER
City Farmington
Financial Terms Cash Conventional
Legal Description T1N R9E SEC 27 ASSESSOR'S PLAT NO 2 LOT 19
DOM 264
Postal Code 48336
Price Per Sq Ft Total AG 281.6
Public Remarks An excellent opportunity to own a newer trendy
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Exterior
Exterior Brick
Frontage 131
Lot Size Area 0.77
Lot Dimensions 131 x 164
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Elisa C Y Chen

Listing Agent

Community Choice Realty Inc

Broker

elisachen88@gmail.com

Email

Affordability Calculator

$19,742
Per Month
85%
15%
0%
Monthly Principal & Interest
$16,844
Monthly Property Taxes
$2,897
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2025$2,700,000 -10.00% Price Down
3/21/2025$3,000,000 Listed Price

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32821 GRAND RIVER Avenue, Farmington, MI, 48336 is a Commercial Property for sale at $2,700,000 with 9,588 sqft and a lot size of 0.77. The property's zip code is 48336 which is in Farmington, MI