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Elba Twp,MI 48807
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 7,280 sqft
Price per Sqft $24
Subdivision Village Of Bannister
MLS Listing ID 20250028983
Year Built 1900
Lot Size 10,890 Sqft
Property Sub-Type Business And Real Estate
Property Description
Outstanding Commercial Investment Opportunity in Bannister, Michigan. Discover the potential of this unique commercial property package located in the heart of Bannister. This offering includes two vacant buildings being sold together, along with a valuable State of Michigan Liquor License that transfers with the sale—an exceptional opportunity for entrepreneurs, investors, or developers looking to bring their vision to life. Building 1 previously operated as a Bar & Grille and features a versatile layout suited for a variety of hospitality or retail uses. The space offers a strong foundation for reopening as a bar, restaurant, or other service-based business, with infrastructure ready for customization. Building 2 is a vacant hall with an expansive, open layout—ideal for event hosting, banquet use, or redevelopment into office or commercial space. The flexibility of the floor plan allows for a wide range of potential business concepts. Adding to the property's value is an upper-level space that serves as a blank canvas for conversion into a rental unit or owner-occupied apartment. Whether used as a long-term lease or short-term rental, this area offers an excellent opportunity to generate additional income. The property is being sold as-is, with all existing contents included in the sale. With its prime location in a quiet yet accessible part of Gratiot County, this is a chance to invest in a growing area with strong potential for return. Bring your ideas, tools, and ambition—this property is ready for your vision.
Location
State MI
County Gratiot
Area Elba Twp
Zoning Commercial,Residential
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Exterior Feature Fenced
Utilities Available 220V Available
Roof Type Asphalt
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Brick,Vinyl
Schools
School District Ovid Elsie
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service