Location: 31816 Utica Road,, Fraser, Michigan, 48026, United States

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

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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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