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    4550 28Th St Kentwood, MI 49512

    Sponsored
    For Sale
    $1,595,000

    Prime Kentwood restaurant, 3696 sq ft, vacant.

    Property size:
    3,696 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,696 square foot restaurant property, located at 4550 28th Street SE in Kentwood, Michigan, is available for purchase at $1,595,000 ($431.55/sq ft). Currently vacant, this freestanding building offers a unique opportunity for a new restaurant operator. The property boasts a highly desirable drive-thru, a rare find in this established retail corridor. Situated along 28th Street SE, directly in front of a Home Depot, this location benefits from exceptional visibility and high traffic counts. The property enjoys proximity to major retailers including Meijer, Costco, Target, Dick's Sporting Goods, McDonald's, Total Wine, and a Drury Inn, ensuring a strong customer base. Its strategic location near the intersection of Patterson Avenue SE and 28th Street SE places it on one of Kentwood's busiest retail thoroughfares. Furthermore, its convenient access to Gerald R. Ford International Airport and the I-96 interchange adds to its appeal. All existing furniture, fixtures, and equipment are included in the sale price, providing a turnkey opportunity for a new business. This is a rare chance to acquire a well-positioned, fully equipped restaurant in a thriving Kentwood location. The property's zip code is 49512.

    Property Features for 4550 28Th St

    General Information

    Property type
    Restaurants
    Square Feet
    3,696 SF

    HighLights

    • 3,696 SF restaurant building for sale at $1,595,000 ($431.55/SF) in Kentwood, MI (49512).
    • Vacant, freestanding building with a drive‑thru.
    • High‑visibility location on 28th Street SE, across from Home Depot.
    • Strong surrounding retail including Meijer, Costco, and Target.
    • Excellent access to I‑96 and Gerald R. Ford International Airport.
    • FF&E included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kentwood
    County
    Kent
    State
    Michigan
    Longitude
    -85.555892839848
    Latitude
    42.912212412974

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    FAQs

    What type of property is this?
    Restaurant - Prime Kentwood restaurant, 3696 sq ft, vacant.
    Where is this restaurant located?
    The property is located at 4550 28Th St Kentwood, MI.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: 3,696 SF restaurant building for sale at $1,595,000 ($431.55/SF) in Kentwood, MI (49512).; Vacant, freestanding building with a drive-thru.; High-visibility location on 28th Street SE, across from Home Depot.
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    4550 28Th St Kentwood, MI 49512
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    Kentwood, MI 49512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4550 28Th St Kentwood, MI 49512
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