600 28Th St Grand Rapids, MI 49548
This exceptional restaurant property, located at 600 28th Street SE in Grand Rapids, Michigan, presents a unique investment opportunity. The 4,808 square foot building sits on a 2.07-acre lot (APN: 41-18-18-202-040) and is zoned FBC, making it suitable for a variety of uses. Previously a Burger King, the property boasts a desirable drive-thru window, a spacious dining area, and a fully equipped kitchen with hoods, ready for immediate occupancy. Its strategic location along 28th Street SE places it within a high-traffic area surrounded by numerous successful businesses and restaurants, including Taco Bell, McDonald's, Checkers, CVS, and Chow Hound. The asking price is $775,000, and the lease type is NNN. This freestanding building offers tremendous potential for a new restaurant concept or other retail ventures, providing ample space for customization and branding. The property's size and location make it an ideal choice for entrepreneurs seeking a thriving commercial space in a bustling Grand Rapids neighborhood. The property is available for sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.