Turnkey Sports Bar and
For Sale
$800,000
2662 Division Avenue S, Grand Rapids, MI 49507
COMMERCIAL - Grand Rapids, MI
Property Size3,506 SF
Lot Size0.10 Acres
Price / SF$228.18
Days on Market686
Property Features for 2662 Division Avenue S
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
Accessible form HWY 131 exit 28th st. Head east towards Division. As you turn North on Division, the restaurant will be shortly after. Parking and entrance is on the rear.
Subdivision
Grand Rapids - G
Standard status
Active
APN
41-18-07-353-001
Size
3,506 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
E 103 FT OF LOT 148* JENESEN ADDITION
Tax Annual Amount
4841
Legal Description
E 103 FT OF LOT 148* JENESEN ADDITION
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1946
Number of units
1
Listing Agency:
1st Advantage Realty
(616) 534-4480
Listed By:
Rene Guzman · License #6501383944
(616) 260-8670
Added: Sep 13, 2024
Changed: Jul 25
Last Checked: Jul 30 at 8:06PM
MLS# 24048554
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey sports bar and nightclub for sale featuring a fully equipped, state-of-the-art venue. The operation includes a full-service bar and an indoor dining area, along with music and lighting systems. The property is presented with a Class C liquor license.
Located at 2662 Division Avenue S in Grand Rapids, the building totals 3,506 square feet on a 0.1-acre lot, based on the information provided. The seller’s remarks indicate the venue has maintained consistent revenue growth since 2016.
For more details on the equipment, licensing, and financial information behind the offering, contact the listing agent to schedule a visit.
Located at 2662 Division Avenue S in Grand Rapids, the building totals 3,506 square feet on a 0.1-acre lot, based on the information provided. The seller’s remarks indicate the venue has maintained consistent revenue growth since 2016.
For more details on the equipment, licensing, and financial information behind the offering, contact the listing agent to schedule a visit.
Key Highlights
- Turnkey sports bar and nightclub ready for new ownership.
- Includes a coveted Class C liquor license.
- Features a full‑service bar and indoor dining area.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.9k | $22.80 |
| − Vacancy | −$4.0k | −$1.14 |
| EGI | $75.9k | $21.66 |
| − OpEx | −$19.0k | −$5.42 |
| NOI | $57.0k | $16.25 |
3,506 SF · lease $22.80/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$813.6K
$711.9K – $949.3K
NOI $56,955 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
18k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 17%
Hotels & Casinos 12%
Marathon
Shops & Services
7,867 visits/mo
0.3 miles
PNC Bank
Shops & Services
4,193 visits/mo
0.3 miles
Pizza Hut
Dining
3,051 visits/mo
0.2 miles
Best Western Executive Inn & Suites
Hotels & Casinos
1,458 visits/mo
0.2 miles
QUALITY INN
Hotels & Casinos
662 visits/mo
0.1 miles
Demographics for 49507, MI
38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Horton Hole in the Wall — 2430 Horton Ave SE, Grand Rapids, MI 49507
- Pitayas Postres & Botanas — 2850 Division Ave S, Grand Rapids, MI 49548
- Paragon Bowling Center and Sports Bar — 2425 Division Ave S, Grand Rapids, MI 49507
- Le Petit Chateau Sport Bar And Restaurant — 2662 Division Ave S, Grand Rapids, MI 49507
- Log Cabin — 2401 Division Ave S, Grand Rapids, MI 49507
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey sports bar and nightclub with a full-service bar, indoor dining, and music and lighting systems.
Where is this bar & pub located?
The property is located at 2662 Division Avenue S Grand Rapids, MI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Turnkey sports bar and nightclub ready for new ownership.; Includes a coveted Class C liquor license.; Features a full‑service bar and indoor dining area.
