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    169 Campau Ave NW Grand Rapids, MI 49503

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    For Lease
    $7,000 /Mo ($21 SF/Yr)

    Thriving Korean BBQ and karaoke bar in downtown Grand Rapids.

    Property size:
    3,950 SF
    Lot size:
    0.90 Acres

    Property Features for 169 Campau Ave NW

    General Information

    Size
    3,950 SF
    Lot size
    0.90 Acres

    Source: Remax Lakeshore Agent Jonathan Kwekel

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

    Overview

    Korean BBQ and Karaoke Bar

    This is a rare opportunity to acquire a thriving Korean BBQ and karaoke bar in downtown Grand Rapids. The business combines authentic dining with a vibrant entertainment experience, creating multiple revenue streams through food, beverage, and private karaoke room sales. The property size is 3950 square feet. A valuable Class C liquor license is transferable upon state approval, along with a favorable lease and renewal options. This is a turnkey operation with strong brand recognition and growth potential. The business is listed as a turnkey restaurant, bar, and retail property. Financials are available for qualified buyers with signed NDA.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Similar Places Nearby

    Tip Top Deluxe Bar & Grill, The Tin Can, Grand Woods Lounge, Intersection Lounge, Founders Brewing Co

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6744348
    Latitude
    42.9652369

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    FAQs

    What type of property is this?
    Bar - Thriving Korean BBQ and karaoke bar in downtown Grand Rapids.
    Where is this bar located?
    The property is located at 169 Campau Ave NW Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Thriving Korean BBQ and karaoke bar in a market with very limited competition.; - Multiple revenue streams through food, beverage, and private karaoke room sales.; - Valuable Class C liquor license is transferable upon state approval.
    (616) 583-2621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    169 Campau Ave NW Grand Rapids, MI 49503
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