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Turnkey Freestanding Restaurant
For Sale
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69 28th St SW, Grand Rapids, MI 49548

Turnkey freestanding restaurant with new 2023 interior build and included FF&E, plus ample parking.

Property Size8,040 SF
Price / SF$0.00
Days on Market189

Property Features for 69 28th St SW

General Information

Standard status Active
Size 8,040 SF
Property subtype Retail
Zoning B-3
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Furnished Yes
Business Included Yes
Liquor License Yes

Building Details

Year Built 1953
Year Renovated 2023
Tenancy Single
Listing Agency: Signature Associates
Listed By: Joe Rizqallah
Source: Carwm.resimplifi
Added: Mar 4 Changed: Sep 8 Last Checked: Sep 8 at 5:47AM

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 Signature Associates

Investment Insights

Based on property information with market context.

This freestanding restaurant is offered as a turnkey operation. The space was fully gutted and built out with a new interior in 2023, and the sale includes all FF&E.

The property is located right off US-131 and comes with ample parking suitable for events.

In addition to the real estate, the purchase includes a Class C liquor license. The offering is presented as an opportunity to buy or lease, with the space suited for a variety of restaurant formats.

Key Highlights

  • Free‑standing restaurant with a new interior build completed in 2023
  • Fully gutted and rebuilt in 2023 with FF&E included
  • Purchase includes a Class C liquor license

Property Analytics

Current Use

Peru Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Pharmacy Spa & Massage Center Dental Office

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

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

501
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 84% Dining 9% Hotels & Casinos 6% Home Improvements & Furnishings 1%
BP Shops & Services
13,911 visits/mo 0.5 miles
Marathon Shops & Services
7,867 visits/mo 0.2 miles
PNC Bank Shops & Services
4,193 visits/mo 0.2 miles
Pizza Hut Dining
3,051 visits/mo 0.2 miles
Marathon Shops & Services
1,475 visits/mo 0.5 miles

Demographics for 49548, MI

34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
Median Home Value
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?
Conventional restaurant - Turnkey freestanding restaurant with new 2023 interior build and included FF&E, plus ample parking.
Where is this conventional restaurant located?
The property is located at 69 28th St SW Grand Rapids, MI.
What are key features of this property?
This property features: Free‑standing restaurant with a new interior build completed in 2023; Fully gutted and rebuilt in 2023 with FF&E included; Purchase includes a Class C liquor license
More about this property
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