Building Details

Year Built 1928

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Listing Agency: Pamela Rose Auction Company Show Phone

Listed By: Pamela K. Rose · License #BRKP.2024001978 Show Phone

Source: Koehlerrealty

Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 3:22PM

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Investment Insights

Based on property information with market context.

Built in 1928, this commercial-zoned property was previously used as a restaurant. Improvements include a new roof, baseboard heating, and all-new electrical. The building is plumbed for a bathroom; sewer connection is needed at the street.

The property is in Grand Rapids, described as a resort destination near a river. The site contains 0.06 acres.

Key Highlights

• 1928 construction with a new roof, baseboard heat, and all‑new electrical
• Previously operated as a restaurant
• Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Dental Office Garden Center Storage Facility (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

151

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 43522, OH

3,249

Population

1,468

Households

2.2

Avg Household Size

46

Median Age

23%

College-Educated

94%

High-School Grad

31.2 sq mi

ZIP Area

104

Density / Sq Mi

$77,076

Median Household Income

$37,201

Median Earnings

$1,058

Median Rent

$196,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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$179,900

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Downtown Retail Storefront Building

24098 Front St, Grand Rapids, OH 43522

$250,000

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The property has commercial zoning, a new roof, baseboard heat, and updated electrical.

Where is this conventional restaurant located?

The property is located at 17830 Wapakoneta Road Grand Rapids, OH.

What is the asking price?

The asking price for this property is $89,900.

What are key features of this property?

This property features: 1928 construction with a new roof, baseboard heat, and all‑new electrical; Previously operated as a restaurant; Commercial zoning