31938 Groesbeck Hwy. Fraser, MI $ 175,000
31938 Groesbeck Hwy.
$ 175,000
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31938 Groesbeck Hwy.

Fraser, MI, 48026
$ 175,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 1,092

31938 Groesbeck Hwy., Fraser, MI 48026 - Image 1
31938 Groesbeck Hwy., Fraser, MI 48026 - Image 2
31938 Groesbeck Hwy., Fraser, MI 48026 - Image 3
31938 Groesbeck Hwy., Fraser, MI 48026 - Image 4
31938 Groesbeck Hwy., Fraser, MI 48026 - Image 5
31938 Groesbeck Hwy., Fraser, MI 48026 - Image 6

Commercial Property for sale in Fraser, MI

for $175,000. This 10,000 square foot building was built on a lot size of 2.02.

Showings by appointment only with the listing Broker Joe Nahra. Tubby's submarine Franchise at this location for many years providing great service and sandwiches to the community. Inside seating and delivery service offered for customers. Catering service with a large menu including party submarine sandwiches. Hours of operation are Monday to Friday 11 AM to 8 PM, Saturday 11 AM to 7 PM and Sunday closed. With increasing the open hours and Sunday the business could show an increase in gross sales. Tubby's offer's complete Training included with the Transfer fee of the Franchise. Tubby's makes and sells deli-style and grilled-to-perfection submarine sandwiches all on their in-store freshly baked buns. Tubby's also has a specialty salad line, soups and various side items, including fries and freshly baked desserts, they also offer gluten free bread. Dining room seating for 24 guests. You will also appreciate the great support and training that the franchise will provide you. From the beginning, franchise owners can expect a great training program that takes place at the corporate headquarters before the grand opening of your location. The training program is broken down into classroom and on-the-job instruction and provides you with everything you need to know about the business. This including hiring, managing HR and sales, inventory, and more. Franchise owners can also expect grand opening and site selection support, marketing and advertising tools, and ongoing support for the rest of your time with the franchise NOTE: The property taxes and land size are for the total shopping center and not for the Tubby's location only. Initial Franchise Fee: $17,500 - $20,000 Ongoing Royalty Fee: 4-6% Ad Royalty Fee: 4% On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store Absentee Ownership Allowed Number of Employees Required to Run: 3 - 4

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Commercial Active

Price

$ 175,000

Property Type

Commercial

Taxes

$ 21,650

Style

Commercial/Industrial

Lot Size

2.02

Town/City

Fraser

County/Region

Macomb

MLS | Web ID

60938917

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
County Macomb
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Fraser
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Fraser (50014)
Primary City Fraser
Directions Groesbeck Hwy. Northeast of Masonic Road to subject on the East side.
City Fraser
Financial Terms Cash
Legal Description N/A
DOM 75
Postal Code 48026
Price Per Sq Ft Total AG 17.5
Public Remarks
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Exterior
Frontage 338
Lot Size Area 2.02
Lot Dimensions 260 x 338
Roads Class A
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Joseph Nahra

Listing Agent

Joseph A Nahra

Broker

joenahra@att.net

Email

Affordability Calculator

$2,896
Per Month
38%
62%
0%
Monthly Principal & Interest
$1,092
Monthly Property Taxes
$1,804
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
9/23/2025$175,000 Listed Price

Map


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31938 Groesbeck Hwy., Fraser, MI, 48026 is a Commercial Property for sale at $175,000 with 10,000 sqft and a lot size of 2.02. The property's zip code is 48026 which is in Fraser, MI