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    1901 S Division Ave Grand Rapids, MI 49507

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    For Sale
    $1,099,000

    Newly renovated bar/restaurant with SDM liquor license for sale.

    Lot size:
    0.40 Acres

    Property Features for 1901 S Division Ave

    General Information

    Lot size
    0.40 Acres

    Source: Five Star Real Estate (Grandv) Agent Drew Born

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

    Overview

    Renovated Bar/Restaurant with Liquor License

    This newly renovated bar/restaurant/club is located on Grand Rapids’ south side. The property features a large, open concept layout, a small kitchen, and a patio. Currently, the business operates only on Friday and Saturday nights from 9 PM to 2 AM. The sale includes the building and an SDM liquor license. There is potential for expansive growth by opening more days and hours.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cleaning Services Cleaning Service Yester Years Lounge Bar Metro Grand Rapids Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Arvon Brewing Co. - GR Taproom, Arvon Brewing Co. - Craft Beer Taproom, Bard, My Place Bar, Sweetly Seasoned Cafe

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.667158
    Latitude
    42.929477

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    FAQs

    What type of property is this?
    Bar - Newly renovated bar/restaurant with SDM liquor license for sale.
    Where is this bar located?
    The property is located at 1901 S Division Ave Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: - Sale includes building and SDM liquor license.; - **Newly renovated Bar/Restaurant/Club.**; - Large open concept.
    (616) 304-1015
    Request Owner's contact information
    1901 S Division Ave Grand Rapids, MI 49507
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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
    1901 S Division Ave Grand Rapids, MI 49507
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