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Property profile & analytics
OFF-MARKET
Turn key restaurants

3445 28th SE St Grand Rapids, MI 49512-1601

8,203 SF 1.95 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US43-1891226
Property summary
AI-generated overview

This exceptional 43,000-square-foot freestanding industrial building presents a unique investment opportunity in Kentwood, Michigan. Situated on a generous 4.51-acre lot, the property boasts ample space for manufacturing, warehousing, or distribution operations. Currently vacant, the entire 43,000 square feet is available for immediate occupancy, offering flexibility for a wide range of industrial uses. The building's single-tenant configuration simplifies management and provides a cohesive operational environment. The property is zoned MON-C, reflecting its suitability for industrial development. Its location at 3445 28th St SE, Kentwood, MI 49512, offers convenient access to major transportation routes, enhancing logistical efficiency. The substantial lot size allows for potential expansion or future development, adding further value to this already impressive asset. This is a rare chance to acquire a large, well-located industrial property in a thriving Kent County market. The property's size and zoning make it ideal for a variety of manufacturing or distribution businesses seeking a significant footprint in a strategic location. The vacant status allows for immediate customization to meet specific operational needs. Serious inquiries are encouraged to explore this compelling opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 8,203 SF
Lot 1.95 ac (84,942 SF)
Zoning code MON-C
APN 41-18-11-376-043
UPID US43-1891226
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Halloween City (Bike/Boat/Book/etc) Store
  • BJ's Restaurant & Brewhouse Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
P & M Investment Company LLC · 2 yrs held
P & M Investment Company LLC
since 2023
5 recorded transactions
2023
Price N/A
2023
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
Zoning & alternative use
MON-C · Grand Rapids, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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