219 E MAIN Street Bannister, MI $ 174,900
219 E MAIN Street
$ 174,900
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219 E MAIN Street

Bannister, MI, 48807
$ 174,900
Bedrooms-- Baths-- Sq 7,280

Monthly Estimate*

$ 1,091

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Commercial Property for sale in Bannister, MI

for $174,900. This 7,280 square foot building was built in 1900 on a lot size of 0.25.

Outstanding Commercial Investment Opportunity in Bannister, Michigan. Discover the potential of this unique commercial property package located in the heart of Bannister. This offering includes two vacant buildings being sold together, along with a valuable State of Michigan Liquor License that transfers with the sale—an exceptional opportunity for entrepreneurs, investors, or developers looking to bring their vision to life. Building 1 previously operated as a Bar & Grille and features a versatile layout suited for a variety of hospitality or retail uses. The space offers a strong foundation for reopening as a bar, restaurant, or other service-based business, with infrastructure ready for customization. Building 2 is a vacant hall with an expansive, open layout—ideal for event hosting, banquet use, or redevelopment into office or commercial space. The flexibility of the floor plan allows for a wide range of potential business concepts. Adding to the property's value is an upper-level space that serves as a blank canvas for conversion into a rental unit or owner-occupied apartment. Whether used as a long-term lease or short-term rental, this area offers an excellent opportunity to generate additional income. The property is being sold as-is, with all existing contents included in the sale. With its prime location in a quiet yet accessible part of Gratiot County, this is a chance to invest in a growing area with strong potential for return. Bring your ideas, tools, and ambition—this property is ready for your vision.

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Commercial Active

Price

$ 174,900

Property Type

Commercial

Taxes

$ 0

Style

BusinessandRealEstate

Lot Size

0.25

Year Built

1900

Town/City

Bannister

County/Region

Gratiot

MLS | Web ID

20250028983

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Utilities CableConnected
Possession AtClose
Roof Asphalt
Security Features SecurityFence
Construction Materials Brick VinylSiding
Year Built 1900
Electric Volts220
Levels One
Property Subtype BusinessandRealEstate
Current Use MixedUse Retail
Business Type Service
County Gratiot
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name VILLAGE OF BANNISTER
Garage Y/N N
Building Features OutsideLighting
Status Active
Directions E Main St / N 1st St
City ElbaTownship_Gratiot
Senior Community Y/N N
High School District OvidElsie
Zoning Description Commercial Residential
MLS Area Area29161ElbaTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 51791
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2025-04-24
Legal Description VILLAGE OF BANNISTER LOT 5 & E 21 FT OF LOT 6 BLOCK 8. ELBA TWP. GRATIOT COUNTY.
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Exterior
Water Source Well
Lot Size Area 0.25
Foundation Details Poured Slab
Spa N
Building Area Total 7280.0
Lot Dimensions Irregular
Lot Size Acres 0.25
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 7280.0
Total Bedrooms 0
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Internal Only
Street Number 1 219
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* Excluded Features
List By
Jeff Glover

Listing Agent

Kw Professionals

Broker

(734) 259-1100

Phone

Affordability Calculator

$1,091
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,091
Monthly Property Taxes
--
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
4909528 Elementary School
4909271 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2025$174,900 Listed Price

Map


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219 E MAIN Street, Bannister, MI, 48807 is a Commercial Property for sale at $174,900 with 7,280 sqft and a lot size of 0.25. 219 E MAIN Street was built in 1900. The property's zip code is 48807 which is in Bannister, MI