Approx. 5.584 Acres Zoned CG & IC with 2 Buildings Totalling Over 18K Sf in Fraser, MI–Option to Continue Banquet, Catering & Wedding Business
Asking Price: $4,300,000.00
- Description
- Showing Request
Description
Co-Listed with Michael Scheid, MBA, Thomas Hospitality Group Inc.; Michigan License # 6502140181
Asking Price: $4,300,000.00 (Reduced from $4,500,000.00)
Option to Buy Just the Real Estate or the Going Concern Business Plus the Real Estate; Just the Real Estate Alone Recently Appraised for $5,000,000.00!
Banquets Building: Approx. 16,500 SF
Wedding Chapel Building: Approx. 3,074 SF
Residential Garage: Approx. 992 SF
Acres: Approx. 5.584
Indoor Seating: 500 people
Patio Seating: Approx. 5,000 SF
Parking: Surface Lot with 243 Spaces
MLCC: Class C Liquor License
PINS: 03-14-05-305-008 (Banquet Hall on Approx. 3.22 acres); 03-14-05-305-005 (Wedding Chapel on Approx. 1.616 acres); 03-14-05-305-003 (Parking Lot)
Zoning: CG (Commercial General) and IC (Industrial Controlled)
The perfect venue to host special events including weddings, banquets, showers, birthday parties and more with a highly successful on-site catering business. The spaces are elegant and well-appointed with both indoor and outdoor options. The real estate is approximately 20,566 square feet total on over 5.5 acres which includes a Banquet Hall, Wedding Chapel and outdoor patio. Both the real estate and going concern business are for sale.
Main Features Include:
- Seating for 500 people indoors
- Newly renovated Banquet Hall with over $1 million spent on improvements
- New Wedding Chapel
- 5,000 square foot patio for outdoor events
- Private on-site parking
- Catering is over 40% of the business, including off-site catering
- Class C Liquor License
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