217 28Th St Grand Rapids, MI 49548
- Commercial real estate
- 4,977 SF
- 1.72 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 217 28Th St
- Year built
- 1971
- Lot size
- 1.72 lot acres
- Property size
- 4,977 SF
- Zone code
- TN-TBA
- Property type
- Commercial real estate
- APN
- 41-18-07-376-037
- APU
- 411807376037
Description
This exceptional turnkey restaurant opportunity in Grand Rapids, Michigan, presents a rare chance to acquire an established business with significant potential. Located at 217 28th St SE, this property boasts a prime location along a busy thoroughfare, less than 1.5 miles from US-131, ensuring high visibility and accessibility. The 5,000 square foot building sits on a spacious 1.72-acre lot, providing ample space for operations and customer parking. With over 40 parking spaces available, customer convenience is maximized. Built in 1971 and extensively renovated in 2023, the property is in excellent condition and ready for immediate operation. The interior features a 12-foot ceiling height, creating a spacious and inviting atmosphere. The property is zoned TN-TBA and includes a single-tenant occupancy. The asking price is $1,250,000, translating to $250 per square foot and $320 per unit. This fully equipped restaurant is a truly turnkey operation, allowing for immediate commencement of business. Don't miss this opportunity to own a thriving establishment in a high-demand location. The property's APN is 41-18-07-376-037. This is a unique chance to acquire a well-established business with a proven track record in a desirable area of Grand Rapids.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.6614
- Latitude
- 42.914
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
