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Renovated Freestanding Restaurant
For Lease
Contact for pricing

69 28th St SW, Grand Rapids, MI 49548

Rebuilt interior, installed FF&E, event parking, and a Class C liquor license support a range of restaurant concepts.

Space Size8,040 SF
Days on Market160

Property Features for 69 28th St SW

General Information

Standard status Active
Size 8,040 SF
Class C
Property subtype Retail, Restaurant
Lease Type NNN

Space & Availability

Space Use Restaurant
Furnished Yes

Additional Details

Highway Access Yes
Equipment Included Yes

Building Details

Building Size 8,040 SF
Year Built 1953
Year Renovated 2023
Tenancy Single

Spaces For Lease

at 69 28th St SW Contact us

Available Space $15/SF/Yr

Size
8,040 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Signature Associates
Listed By: Joe Rizqallah · License #MI
Source: Crexi
Added: Mar 25 Changed: Aug 30 Last Checked: Aug 30 at 8:29AM

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 conventional restaurant property is a freestanding building originally constructed in 1953 and substantially reworked with a new interior in 2023. The offering includes furniture, fixtures, and equipment, along with a Class C liquor license. The space can accommodate restaurant concepts including breakfast, Asian, buffet, hibachi, and Mexican formats, as well as event and venue uses.

Located at 69 28th St SW in Grand Rapids, the property is positioned just off US-131. On-site parking is available for events, adding operational support for restaurant and gathering functions.

Key Highlights

  • 2023 interior rebuild with new restaurant finishes
  • Freestanding restaurant building constructed in 1953
  • Furniture, fixtures, and equipment included

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

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 - Rebuilt interior, installed FF&E, event parking, and a Class C liquor license support a range of restaurant concepts.
Where is this conventional restaurant located?
The property is located at 69 28th St SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 2023 interior rebuild with new restaurant finishes; Freestanding restaurant building constructed in 1953; Furniture, fixtures, and equipment included
(616) 235-0900 Call to check price and availability
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