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    136 Fulton St Grand Rapids, MI 49503

    For Lease
    $15 SF/Yr

    Turnkey Restaurant, City Center Location

    Lot size:
    3,126 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3,126 square-foot restaurant space, previously occupied by One Trick Pony, presents a unique opportunity for immediate operation. The property is a single-tenant retail space located in Kent County, at 136 Fulton Street East, Grand Rapids, Michigan. Its prime location in the heart of the city center corridor offers unparalleled access to high foot traffic and significant visibility. The space is conveniently situated near major attractions including the Van Andel Arena, Grand Rapids Children's Museum, Grand Rapids Community College's DeVos Campus, and GLC Live at 20 Monroe. The turnkey nature of this offering is a significant advantage, including all existing furniture, a fully equipped bar, and a complete kitchen featuring a hood ventilation system and a walk-in freezer. This comprehensive setup minimizes upfront investment and allows for a swift commencement of operations. A liquor license is available for separate purchase, providing an additional opportunity for revenue generation. This property represents a rare chance to acquire a fully operational restaurant space in a highly desirable location, ready for immediate occupancy and success. The property is easily accessible from the intersection of Fulton and La Grave Streets.

    Property Features for 136 Fulton St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,126 SF

    Unit(s) available at that property

    Space
    Size
    3,126 SF
    Rate per SF
    $15

    HighLights

    • 3,126 SF turnkey restaurant space in Grand Rapids, MI.
    • Single‑tenant retail property located in Kent County.
    • Includes existing furniture, bar, full kitchen, hood system, and walk‑in freezer.
    • Prime location near Van Andel Arena, Grand Rapids Children's Museum, and other key attractions.
    • Liquor license available for separate purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Los Portillos Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.665409547386
    Latitude
    42.96312053168

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    FAQs

    What type of property is this?
    Retail property - Turnkey Restaurant, City Center Location
    Where is this retail property located?
    The property is located at 136 Fulton St 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: 3,126 SF turnkey restaurant space in Grand Rapids, MI.; Single-tenant retail property located in Kent County.; Includes existing furniture, bar, full kitchen, hood system, and walk-in freezer.
    Request Owner's contact information
    136 Fulton St Grand Rapids, MI 49503
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    Grand Rapids, MI 49503
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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
    136 Fulton St Grand Rapids, MI 49503
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