Conventional Restaurant

Grandville, MI Conventional Restaurants for Sale

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Wyoming, MI Jenison, MI Grand Rapids, MI Byron Center, MI Kentwood, MI Walker, MI Hudsonville, MI East Grand Rapids, MI
Renovated Restaurant with Banquet Areas
Updated: Apr 15
Renovated Restaurant with Banquet Areas

4050 Chicago Dr SW, Grandville, MI 49418

$2,250,000
13,195 sqft
13,195‑square‑foot conventional restaurant property
Two bar, restaurant, and banquet sections with separate entrances
Renovated in 2026
FF&E and Class C Liquor License included
Large storage areas, cold lockers, office space, and kitchen
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Corporate-Guaranteed Restaurant Ground Lease
Updated: Jun 9
Corporate-Guaranteed Restaurant Ground Lease

3980 Rivertown Parkway, Grandville, MI 49418

Contact for pricing
4,000 sqft
Brand new Raising Cane's absolute net ground lease (corporate‑guaranteed)
Zero landlord responsibilities
15‑year primary term with five renewal options
Scheduled 10% rent increases every five years
Located on a pad site at the hard corner of Rivertown Parkway and Wilson Ave SW near RiverTown Crossings
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Restaurant Building with Dedicated Parking
Restaurant Building with Dedicated Parking

4158 Chicago Dr SW, Grandville, MI 49418

Contact for pricing
6,229 sqft 1.13 AC lot

The interior includes two dining rooms, a central kitchen, and existing furniture, fixtures, and equipment.

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See hot listings in Grandville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Grandville, 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.

Villa Mia Pizza Restaurant
Villa Mia Pizza Restaurant

1292 36th St SW, Wyoming, MI 49509

$130,000
1,218 sqft

Established restaurant operation with a commercial kitchen and dine-in, carryout, and delivery service.

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Renovated Restaurant Building
Renovated Restaurant Building

932 Division Ave S, Grand Rapids, MI 49507

$2,084,001
7,274 sqft

The building includes banquet and restaurant areas and was renovated in 2024.

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Equipped Conventional Restaurant Space
Equipped Conventional Restaurant Space

1717 28th Street Sw B, Wyoming, MI 49519

$65,000
2,939 sqft

Restaurant space with commercial kitchen equipment, dining furnishings, POS hardware, and an installed sound system.

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Turnkey Freestanding Restaurant
Turnkey Freestanding Restaurant

69 28th St SW, Grand Rapids, MI 49548

Contact for pricing
8,040 sqft

Turnkey freestanding restaurant with new 2023 interior build and included FF&E, plus ample parking.

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Grandville, MI Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Grandville, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 23,424 square feet of properties for sale, with an estimated market value of $2,250,000.

Sale prices for conventional restaurants in Grandville, MI average $2,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 1
Commercial kitchens 1

Demographics Overview

Population 31K
Population Growth (5Y) +8.9%
Median Household Income $83,485
College Educated 26.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49418 $1.1M

Taxes & Financing

Tax Rate (average for all types) 4.08%
Property Tax per SF $58.00 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

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