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$174,900
Est. payment /mo
7,280 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,280 sqft
Price per Sqft $24
Municipality Elba Twp
Subdivision Elba Twp
MLS Listing ID 20250028983
Year Built 1900
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions Irregular
Source Realcomp
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. 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
Zoning Commercial,Residential
Direction E Main St / N 1st St
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Slab
Water Well
Structure Type Vinyl Siding,Brick
Others
Tax ID 0330003100
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Listed by KW Professionals
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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