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Restaurant Building with Dedicated Parking
For Sale
Contact for pricing
Pending

4158 Chicago Dr SW, Grandville, MI 49418

The interior includes two dining rooms, a central kitchen, and existing furniture, fixtures, and equipment.

Property Size6,229 SF
Lot Size1.13 Acres
Days on Market91

Property Features for 4158 Chicago Dr SW

General Information

Standard status Pending
Size 6,229 SF
Lot size 1.13 Acres
Property subtype Retail
Zoning CBD
Lease Type NNN

Additional Details

Furnished Yes
Equipment Included Yes

Amenities

Power
Water
Sewer
Natural Gas
Drive-Thru
Vacant

Building Details

Buildings 1
Listing Agency: Rietberg Companies
Listed By: Greg DeJong
Source: Carwm.resimplifi
Added: Jun 1 Changed: Aug 29 Last Checked: Aug 29 at 11:52AM

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 Rietberg Companies

Investment Insights

Based on property information with market context.

This 6,229-square-foot restaurant property occupies 1.129 acres and includes two dining rooms arranged around a central kitchen. Existing furniture, fixtures, and equipment are included, along with dedicated off-street parking. The building previously operated as Rainbow Grill and served the community for eight decades.

Located at 4158 Chicago Drive SW in Grandville, the property is situated within the City of Grandville Downtown Development Authority. CBD zoning places the site within the Central Business District and supports potential redevelopment for a variety of uses. The combination of an established restaurant layout, existing equipment, parking, and downtown setting provides a defined starting point for continued restaurant use or redevelopment.

Key Highlights

  • 6,229‑square‑foot restaurant building situated on 1.129 acres
  • Two dining rooms with a central kitchen
  • Existing furniture, fixtures, and equipment included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Restaurant Spa & Massage Center Pharmacy Gym & Fitness Center Storage Facility

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

Location Intelligence

Trade Area within ½ mile

758
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 80% Dining 20%
Speedway Shops & Services
11,780 visits/mo 0.0 miles
Little Caesars Pizza Dining
4,492 visits/mo 0.2 miles
Chase Bank Shops & Services
4,333 visits/mo 0.2 miles
Pak Mail Shops & Services
1,440 visits/mo 0.2 miles

Demographics for 49418, MI

30,520
Population
12,801
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,606
Density / Sq Mi
$83,485
Median Household Income
$48,260
Median Earnings
$1,218
Median Rent
$296,300
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The interior includes two dining rooms, a central kitchen, and existing furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 4158 Chicago Dr SW Grandville, MI.
What are key features of this property?
This property features: 6,229‑square‑foot restaurant building situated on 1.129 acres; Two dining rooms with a central kitchen; Existing furniture, fixtures, and equipment included
More about this property
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