Search
Mixed-Use Building with Retail Space
For Sale
Contact for pricing

432 Burton St SW, Grand Rapids, MI 49507

Three occupied apartments accompany a vacant storefront with liquor-store equipment remaining in place.

Property SizeContact for details
Days on Market144

Property Features for 432 Burton St SW

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Liquor License No

Building Details

Buildings 1
Tenancy Multi
Listing Agency: New Michigan Realty
Listed By: Johny Thomas · License #6501433546
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:26PM

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 New Michigan Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines three fully occupied apartment units with a vacant liquor store space. Existing liquor-store equipment remains on site, providing physical infrastructure for a future retail or food-and-beverage use. The available space could also support a beer and wine operation or smoke shop concept, subject to applicable requirements.

Located at 432 Burton St SW in Grand Rapids, Michigan, the property includes an available liquor license that is not part of the offering. The residential component is occupied, while the storefront remains open for a new operator or tenant.

Key Highlights

  • Three fully occupied apartment units
  • Vacant liquor store space included in the mixed‑use property
  • Liquor‑store equipment remains in place

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Accounting Firm Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 49507, MI

38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three occupied apartments accompany a vacant storefront with liquor-store equipment remaining in place.
Where is this mixed-use property located?
The property is located at 432 Burton St SW Grand Rapids, MI.
What are key features of this property?
This property features: Three fully occupied apartment units; Vacant liquor store space included in the mixed‑use property; Liquor‑store equipment remains in place
(702) 208-3341 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message