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31298 Groesbeck Hwy Fraser, MI $ 89,900
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31298 Groesbeck Hwy
$ 89,900
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31298 Groesbeck Hwy

Fraser, MI, 48026
$ 89,900
Bedrooms-- Baths--

Monthly Estimate*

$ 568

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Commercial Property for sale in Fraser, MI

for $89,900.

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.

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Commercial Active

Price

$ 89,900

Property Type

Commercial

Taxes

$ 0

Style

Business

Town/City

Fraser

County/Region

Macomb

MLS | Web ID

20261076976
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 9999
Levels One
Property Subtype Business
Current Use Restaurant
Business Type Other Service
County Macomb
Net Operating Income 450000.0
Operating Expense 100000.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Utica and Groesbeck HWY
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 0.0
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 Owner
Tax Assessed Value 0
Expected Active Date 2026-09-23
Legal Description N/A
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Exterior
Water Source Public
Spa N
Building Area Total 900.0
Lot Dimensions BUSINESS ONLY
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
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Internal Only
Street Number 1 31298
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* Excluded Features
List By
Kay Kasshamoun

Listing Agent

Crk Realty

Broker

(248) 755-0811

Phone

Affordability Calculator

$568
Per Month
100%
0%
0%
Monthly Principal & Interest
$568
Monthly Property Taxes
--
Monthly 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
848477 Elementary School
848487 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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. The property's zip code is 48026 which is in Fraser, MI

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