31298 Groesbeck Hwy Fraser, MI ^$ 89,900

31298 Groesbeck Hwy

^$ 89,900

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Recently Listed

31298 Groesbeck Hwy

Fraser, MI, 48026

^$ 89,900

Bedrooms-- Baths-- Sq 900

Monthly Estimate*

^$ 568

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Commercial Property for sale in Fraser, MI

for $89,900. This building is 900 square feet.

GREAT BUSINESS OPPURTUNITY IN A BUSY TRAFFIC AREA. FORMERLY A MIDDLE EASTERN RESTARUANT. CURRENTLY CLOSED RIGHT NOW. SURROUNDED BY A LOT OF BUSINESSES IN THE AREA. ALL THE EQUIPMENT REMAINS FOR THE NEW OWNER. READY TO START COOKING RIGHT AWAY. RENT IS $2348 A MONTH AND IT EXPIRES IN MAY OF 2028. NET PROFIT WAS AROUND $450,000 IN 2025. CURRENT OWNERS DON'T HAVE TIME TO RUN IT ANYMORE. THEY HAVE OTHER VENTURES. RESTAURANT HAS A REMODELED HALF BATH, FREEZEERS, REFRIGERATOR, PREPPING AREA AND MUCH MORE.

Commercial Active

Price

^$ 89,900

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Town/City

Fraser

County/Region

Macomb

MLS | Web ID

61032729

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 99

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 Utica and Groesbeck HWY

City Fraser

Financial Terms Cash

Legal Description N/A

DOM 1

Postal Code 48026

Price Per Sq Ft Total AG 99.89

Public Remarks

Exterior

Exterior Brick

Frontage 1

Lot Dimensions BUSINESS ONLY

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kay Kasshamoun

Listing Agent

Crk Realty

Broker

kkasshamoun@gmail.com

Affordability Calculator

$568

Per Month

Monthly Principal & Interest: $568
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Fraser, MI

Average List Price ^$148,818

Percent of Sale Price 66%

About Fraser, MI

14,443 Population

-6% Since 2002

^$54,181 Median Income

44.27 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/23/2026	$89,900		Listed Price

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31298 Groesbeck Hwy, Fraser, MI, 48026 is a Commercial Property for sale at $89,900 with 900 sqft. The property's zip code is 48026 which is in Fraser, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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31298 Groesbeck Hwy

Commercial Property for sale in Fraser, MI

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