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Restaurant Space with Patio

755 Michigan St NE, Grand Rapids, MI 49503

For Lease
New
Contact for pricing

The offering includes FF&E and a liquor license for restaurant operations.

Space Size2,885 SF
Days on Market7

Property Features for 755 Michigan St NE

General Information

Standard status Active
Size 2,885 SF
Property subtype Retail

Space & Availability

Space Use Restaurant
Furnished Yes

Site & Location

Neighborhood Midtown
Anchor Co-Tenants The Toasted Pickle, The Friesian, 7 Monks Taproom, Jimmy John's, Walgreens, Taco Bell, McDonald's

Restaurant

Patio Yes
Equipment Included Yes
Liquor License Yes
Second-Generation Restaurant Yes

Additional Details

Currently Operating Yes

Building Details

Year Built 2013

Spaces For Lease

at 755 Michigan St NE
#1 Active
Size 2,885 SF
Contact us
Listing Agency: Advantage Commercial Real Estate
Listed By: Murphy Wynsma · License MI #6501452085
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 10 at 6:55AM

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 Advantage Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

At 755 Michigan St NE, the restaurant property was built in 2013 and includes an outdoor patio and on-site parking. Its layout accommodates indoor and outdoor seating. FF&E and a liquor license are included in the offering.

The property is on Michigan Street in Grand Rapids, minutes from the Medical Mile. Nearby businesses named in the listing include The Toasted Pickle, The Friesian, 7 Monks Taproom, Jimmy John's, Walgreens, Taco Bell, and McDonald's.

Key Highlights

  • Restaurant property built in 2013
  • Outdoor patio and on‑site parking
  • Indoor and outdoor seating layout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Taco Borracho Restaurant

Suggested Use

Top Pick HVAC Service Electrical Service Carpet & Flooring Store Tech Support Center Grocery & Convenience Store Locksmith

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
Liquor license
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

937
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 22% Apparel 6% Groceries 5%
McDonald's Dining
36,543 visits/mo 0.4 miles
Circle K Shops & Services
21,217 visits/mo 0.3 miles
Wendy's Dining
16,215 visits/mo 0.4 miles
Taco Bell Dining
15,532 visits/mo 0.4 miles
Checkers Dining
9,057 visits/mo 0.5 miles

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Grand Rapids, MI

$20.09 /SF/Yr
Avg Asking Price
$12–$27.95 /SF/Yr
Price Range
6,472 SF
Avg Space Size

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering includes FF&E and a liquor license for restaurant operations.
Where is this conventional restaurant located?
The property is located at 755 Michigan St NE Grand Rapids, MI.
What are key features of this property?
This property features: Restaurant property built in 2013; Outdoor patio and on‑site parking; Indoor and outdoor seating layout
(616) 802-2608 Call to check price and availability
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