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 1,200

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 1,200 square foot building was built in 1990 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

Business

Lot Size

2.02

Year Built

1990

Town/City

Fraser

County/Region

Macomb

MLS | Web ID

20251038188

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Construction Materials BrickVeneer
Year Built 1990
Levels One
Property Subtype Business
Current Use Restaurant
County Macomb
Net Operating Income 50000.0
Operating Expense 310000.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Groesbeck Hwy. Northeast of Masonic Road to subject on the East side.
City FraserCity_Macomb
Senior Community Y/N N
High School District Fraser
Zoning Description Commercial
MLS Area Area03181Fraser
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 21650.0
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 Tenant
Tax Assessed Value 326706
Expected Active Date 2025-09-22
Legal Description N/A
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 10000.0
Lot Dimensions 260 x 338
Lot Size Acres 2.02
Waterfront Y/N N
Road Frontage Type ClassA
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 Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1200.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 31938
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* Excluded Features
List By
Joseph A Nahra

Listing Agent

Joseph A Nahra

Broker

(248) 515-9480

Phone

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
848477 Elementary School
848487 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 1,200 sqft and a lot size of 2.02. 31938 Groesbeck Hwy. was built in 1990. The property's zip code is 48026 which is in Fraser, MI