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117 East Grand River Ave Portland, MI 48875

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For Sale
$299,999

Profitable restaurant property with lease in place until 2027.

Lot size:
0.17 Acres

Property Features for 117 East Grand River Ave

General Information

Lot size
0.17 Acres

Building Details

Year built
1920

Source: RE/MAX Agent Adam Whitz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Downtown Portland Retail Investment Opportunity

This is a retail property located in the thriving downtown business district of Portland. The property is currently leased to a profitable restaurant with a liquor license. The present lease extends until 2027, presenting a potential investment opportunity. The tenant may be interested in staying long-term or purchasing the property in the future. The property is located at 117 East Grand River Avenue, Portland, MI 48875. The sale includes the real estate only.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Don Jose Mexican ... Mexican Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portland
County
Ionia
State
Michigan
Longitude
-84.902073
Latitude
42.870399

FAQs

What type of property is this?
Restaurant - Profitable restaurant property with lease in place until 2027.
Where is this restaurant located?
The property is located at 117 East Grand River Ave Portland, MI.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: - Excellent retail location in Portland's thriving downtown business district.; - Leased to a profitable restaurant with a liquor license.; - Lease terminates in 2027.
More about this property
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