Drive-Through Commercial
For Sale
$220,000
3345 Remembrance Road NW, Grand Rapids, MI 49534
COMMERCIAL - Grand Rapids, MI
Property Size416 SF
Lot Size0.24 Acres
Price / SF$528.85
Days on Market238
Property Features for 3345 Remembrance Road NW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C -3
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Kenowa Hills
Middle school district
Kenowa Hills
High school district
Kenowa Hills
Directions
Take Leonard Street West to Remembrance Rd. Go right on Remembrance and the property is located aprox 1/4 mile on the East side of Remembrance Rd.
Subdivision
Grand Rapids - G
Standard status
Active
APN
41-13-17-476-005
Size
416 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
DIST:86 CITY/MUNI/TWP:WALKER CITY LOT 10 BLK 6 * LEONARD GARDEN HOMESITES
Tax Annual Amount
1096
Legal Description
DIST:86 CITY/MUNI/TWP:WALKER CITY LOT 10 BLK 6 * LEONARD GARDEN HOMESITES
Utilities
Heating system
Forced Air
Building Details
Year built
1963
Floors in Building
1
Number of units
1
Listing Agency:
Eggerding Inc., Arthur K.
(616) 453-7655
Listed By:
James R Freiburger
(616) 453-7655
Added: Dec 10, 2025
Changed: Aug 4
Last Checked: Aug 5 at 3:06PM
MLS# 25061999
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
3345 Remembrance Road NW offers a small, efficient commercial footprint totaling 476 square feet on a 0.239-acre lot (10,411 square feet). The property is positioned for a drive-through coffee shop concept, but the current configuration also aligns with food service, small retail, or office use. The site provides ample space for parking, signage, and potential outdoor seating, supporting a straightforward setup for owner-operators and small tenants.
The property sits along a high-traffic, high-visibility corridor in Walker, Michigan, with easy access to major roads. It is located near residential neighborhoods, schools, and other local businesses, helping support day-to-day walk-in and drive-by interest.
For buyers and tenants seeking a compact space that can accommodate drive-through service, this building offers a practical option within a small-format commercial setting. Its flexible use profile makes it suitable for operators looking to launch or relocate a coffee or food service concept, a neighborhood-oriented retail storefront, or a small office operation, supported by on-site parking and branding space.
The property sits along a high-traffic, high-visibility corridor in Walker, Michigan, with easy access to major roads. It is located near residential neighborhoods, schools, and other local businesses, helping support day-to-day walk-in and drive-by interest.
For buyers and tenants seeking a compact space that can accommodate drive-through service, this building offers a practical option within a small-format commercial setting. Its flexible use profile makes it suitable for operators looking to launch or relocate a coffee or food service concept, a neighborhood-oriented retail storefront, or a small office operation, supported by on-site parking and branding space.
Key Highlights
- High‑traffic, high‑visibility location on Remembrance Rd NW.
- Ideal for drive‑thru coffee shop, food service, small retail, or office use.
- Ample space for parking, signage, or potential outdoor seating.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.5k | $22.80 |
| − Vacancy | −$474 | −$1.14 |
| EGI | $9.0k | $21.66 |
| − OpEx | −$2.3k | −$5.42 |
| NOI | $6.8k | $16.25 |
416 SF · lease $22.80/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$96.5K
$84.5K – $112.6K
NOI $6,758 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
15,050 visits/mo
0.2 miles
Dollar General
Shops & Services
6,943 visits/mo
0.3 miles
Marathon
Shops & Services
6,605 visits/mo
0.1 miles
Demographics for 49534, MI
23,996
Population
9,713
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
95%
High-School Grad
35.3 sq mi
ZIP Area
680
Density / Sq Mi
$78,846
Median Household Income
$44,176
Median Earnings
$1,161
Median Rent
$270,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coffee shop - Compact commercial building with drive-through potential on a high-traffic, high-visibility corridor with parking and signage space.
Where is this coffee shop located?
The property is located at 3345 Remembrance Road NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: High‑traffic, high‑visibility location on Remembrance Rd NW.; Ideal for drive‑thru coffee shop, food service, small retail, or office use.; Ample space for parking, signage, or potential outdoor seating.
