Financial
Distress signals
Property profile

1568 Broadway NW Ave Grand Rapids, MI 49504

OFF-MARKET
Other commercial real estate
Property ID
US43-1806640
3,924 SF 0.26 ac lot Built 1900
Last sale Apr 2026 · $240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Located in a northwest Grand Rapids neighborhood, this commercial bar and grill property includes a bar service facility with a Class C liquor license. The building contains 3,924 square feet of living area and includes a main dining/bar space of 2,800 square feet with a fully equipped grill area and included furnishings. There is an upstairs apartment that provides independent residential space, and outdoor seating is available. The site covers 0.27 acres with ample parking, and the property

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$5k
Tax billed · 2021
Assessed value · 2023$215k
Effective rate2.24%

Value estimate

· Sep 2026
$345k
$311k – $380k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$37 – $112
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TN-MDR
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.0
Daycare Center11.1
Cafe & Coffee Shop9.7

Location

1568 Broadway NW Ave Grand Rapids, MI 49504-3213
County assessor Recorded deeds · 9 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
925 Brg NW, Grand Rapids, MI 49504-5537 $350,000 Jan 2026 2,772 SF
1054 Fulton W, Grand Rapids, MI 49504-6153 $420,000 Jan 2026 3,720 SF
705 11th NW, Grand Rapids, MI 49504-4431 $175,000 Jul 2025 4,752 SF
1205 Brg NW, Grand Rapids, MI 49504-5098 $480,000 Feb 2025 3,219 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1568 Broadway NW Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message