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    Grand Rapids, MI
    Conventional Restaurant

    Grand Rapids, MI Conventional Restaurants for Sale

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    Turnkey Freestanding Restaurant
    Updated: Mar 25
    Turnkey Freestanding Restaurant

    69 28th St SW, Grand Rapids, MI 49548

    Contact for pricing
    8,040 sqft
    Free‑standing restaurant with a new interior build completed in 2023
    Fully gutted and rebuilt in 2023 with FF&E included
    Purchase includes a Class C liquor license
    Ample on‑site parking for events
    Located right off US‑131
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    Freestanding Restaurant with Drive-Thru
    Updated: Apr 11
    Freestanding Restaurant with Drive-Thru

    2260 Alpine Ave NW, Grand Rapids, MI 49544

    Contact for pricing
    Free‑standing restaurant with two drive‑thru windows
    Comes fully equipped, offered turn‑key with business already operating
    Includes two hood systems (6' and 18')
    Located on busy Alpine Avenue, just north of Avastar Industrial Park
    Business benefits from signage and proximity to nearby Meijer, Wendy's, and Biggby Coffee
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    Multi-Level Restaurant and Banquet
    Multi-Level Restaurant and Banquet

    2739 Breton Rd SE, Grand Rapids, MI 49546

    Contact for pricing

    Well-maintained restaurant on the main floor with a banquet hall and an existing Class C liquor license.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant with Garden Patio Seating
    Restaurant with Garden Patio Seating

    924 Cherry St SE, Grand Rapids, MI 49506

    Contact for pricing

    Turnkey restaurant space with indoor dining, a garden patio, and a fully equipped commercial kitchen.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corporate-Guaranteed Restaurant Ground Lease
    Corporate-Guaranteed Restaurant Ground Lease

    3980 Rivertown Parkway, Grandville, MI 49418

    Contact for pricing
    4,000 sqft

    Newly delivered Raising Cane's ground lease with zero landlord responsibilities and scheduled rent increases.

    View details
    Historic Alto Bar & Grill
    Historic Alto Bar & Grill

    Alto, MI 49302

    $379,000
    0.12 AC lot

    Historic restaurant and bar for sale in Alto, Michigan.

    View details
    Historic Bar & Grill Restaurant
    Historic Bar & Grill Restaurant

    6064 Linfield Avenue SE, Alto, MI 49302

    $379,000
    0.12 AC lot

    For sale historic Alto bar and grill with long-running history and a built-in food-and-drink offering.

    View details
    Stand-Alone Restaurant with Renovations
    Stand-Alone Restaurant with Renovations

    4505 Canal Ave SW, Grandville, MI 49418

    Contact for pricing
    7,829 sqft

    Standalone restaurant offering recently renovated interior and exterior, positioned right off I-96 for convenient customer access.

    View details

    Grand Rapids, MI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Grand Rapids, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,040 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 7
    Bars & Pubs 5
    Conventional restaurants 5
    Drive through restaurants 1

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49504 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 2,500 to 5,000 square foot range.

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49504
    • 49546
    • 49548

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