Equipped Commercial Kitchen in Grand
1430 Fulton Street, Grand Haven, MI 49417
Turnkey 1,150 sq ft commercial kitchen ready for operation.
Type:Commercial/Industrial
Property size:
1,150 SFLot size:
0.14 AcresPrice / SF:
$200/SF- Added:
- Mar 12, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 8:58 pm
Property Features for 1430 Fulton Street
General Information
- Standard status
- Active
- Size
- 1,150 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1940
Listing agent Nathan Patterson
Listing office Capstone Real Estate LLC (616) 847-1031
Listing date Mar 12, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Capstone Real Estate LLC
HighLights
- Fully equipped 1,150 sq ft commercial kitchen ready for immediate operation.
- Complete professional kitchen setup including hood system, walk‑in cooler, commercial‑grade stoves and ovens, and ample freezer capacity.
- Strategic location in Grand Haven's Transitional Industrial district, ideal for catering, ghost kitchen, or food production.
- ADA‑compliant with wheelchair ramp access and on‑site parking for 4 vehicles.
- Includes exhaustive list of catering equipment, stainless steel prep surfaces, and cooking implements.
- Zoning permits a wide variety of uses beyond a commercial kitchen.
Overview
Located in Grand Haven's Transitional Industrial district, this 1,150 sq ft commercial kitchen at 1430 Fulton Street presents a rare opportunity. Constructed in 1940, the well-maintained property is fully equipped for immediate operation. It features a complete professional kitchen setup, including a full hood system, an 8x10 walk-in cooler, multiple commercial-grade stoves, conventional and convection ovens, and ample freezer capacity. The facility includes an exhaustive list of catering equipment, stainless steel prep surfaces, and all necessary cooking implements for large-scale food preparation. The property is ADA-compliant, with wheelchair ramp access, and includes on-site parking for 4 vehicles, with potential additional shared parking arrangements available. Its strategic location and excellent upkeep make it ideal for catering operations, ghost kitchen concepts, or food production facilities. The zoning permits a wide variety of uses depending on the needs of a new owner. This turnkey opportunity offers immediate entry into Grand Haven's growing food service market.
Financial Insights
Value Estimation Calculated for Industrial
Conservative
$188.6K
NOI $16,971 @ 9.00% cap · cautious / downside scenario
Moderate
$242.4K
NOI $16,971 @ 7.00% cap · market / base-case scenario
Aggressive
$339.4K
NOI $16,971 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Industrial
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $21.60 |
| − Vacancy | −$596 | −$0.52 |
| EGI | $24.2k | $21.08 |
| − OpEx | −$7.3k | −$6.32 |
| NOI | $17.0k | $14.76 |
1,150 SF · lease $21.60/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Use Scenarios
Best Use
Industrial
$242.4K
$212.1K – $282.9K
NOI $16,971 @ 7.0% cap · market cap 7.38%
Second Best
Specialty Retail
$182.7K
$159.9K – $213.2K
NOI $12,791 @ 7.0% cap · market cap 5.56%
Theoretical Best
Multifamily LT 5
$14.30M
$12.51M – $16.68M
NOI $1,001,039 @ 7.0% cap · market cap 435.23%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Lake Effect Kitchen
Take-out & Catering
Location Insight
- Map
- Local Demand
- City
- Grand Haven
- County
- Ottawa
- State
- Michigan
- Longitude
- -86.2069
- Latitude
- 43.0628
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial kitchen - Turnkey 1,150 sq ft commercial kitchen ready for operation.
Where is this commercial kitchen located?
The property is located at 1430 Fulton Street Grand Haven, MI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Fully equipped 1,150 sq ft commercial kitchen ready for immediate operation.; Complete professional kitchen setup including hood system, walk‑in cooler, commercial‑grade stoves and ovens, and ample freezer capacity.; Strategic location in Grand Haven's Transitional Industrial district, ideal for catering, ghost kitchen, or food production.
