Macomb County Banquet and Conference Center

Retail-Commercial for Sale
Also listed as Hospitality
Catylist Listing ID: 30330925
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 44,142 SF
Gross Building Area: See Agent
Sale Price: $2,790,000
Unit Price: $63.21 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/21/2021

Overview / Comments

Seconds to I-696; accessible from 10 Mile & Mound Rd. 44,142 SF; (7) halls that accommodate up to 1,400 guests. Recent renovations; bookings through 2020. Includes business, class ā€œCā€ liquor license, equipment. Abundant parking for up to 450 vehicles. Well established; family owned for 50 years; motivated seller, owner retiring. Possible redevelopment opportunity.
**Please use professional discretion as this is still a functioning business.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Submarket Type: Suburban
Tax ID/APN: 00-000-000-0000
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,260 158,210 455,506
Median Age: 39.01 37.49 36.88
Households: 4,927 61,904 178,971
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