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219 E Main St 7,280 SF 100% Leased Retail Building Bannister, MI 48807 $244,146 CAD ($33.54 CAD/SF)

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
7,280 SF
Year Built
1900
Price
$244,146 CAD
Price Per SF
$33.54 CAD
Percent Leased
100%
Building Height
1 Story
Zoning
Commercial, Residential

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-300-031-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$120,189 CAD
  • Listing ID: 38672447

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 219 E Main St, Bannister, MI 48807

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