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Property profile & analytics
OFF-MARKET Estimated value $330,000
Drive through restaurants

4584 Chicago SW Dr Grandville, MI 49418-1527

2,618 SF 0.55 ac lot Built 1982
Entity Owned Free & Clear
Property ID
US43-0903709
Property summary
AI-generated overview

This exceptional 2,300-square-foot freestanding commercial building, located at 4584 Chicago Drive SW in Grandville, Michigan, presents a unique opportunity for retail or restaurant businesses. Situated on a 0.55-acre lot, the property boasts excellent visibility and accessibility from Chicago Drive and M-196, ensuring high traffic exposure. The building is currently vacant and ready for immediate occupancy. Its single-tenant configuration offers flexibility and control for the new owner or lessee. The property is zoned commercial and features a convenient location near a variety of established businesses, including Meijer, Gordon Foods, At Home, Starbucks, and Dunkin' Donuts, creating a strong retail synergy. The Kent County location (APN 41-17-18-327-002) offers easy access to a thriving community. The building's previous use as an Arby's restaurant provides a solid foundation for a variety of potential uses. Pricing is negotiable. Showings are available by appointment.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1982
Total area 2,618 SF
Lot 0.55 ac (23,958 SF)
Zoning code C-3
APN 41-17-18-327-002
UPID US43-0903709
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k
Owner & transaction history
Chicago Dr Re Holdings LLC
Chicago Dr Re Holdings LLC
since 2025
Last sale
$327,500
4 recorded transactions
2025
Price N/A
2025
$327,500
2014
$2.1M
2013
Price N/A
Zoning & alternative use
C-3 · Grandville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Neighborhood Business District, C-3 Commercial Highway District, C-4 Commercial Shopping Center District, C- 5 Commercial Interchange District. Community Center . A place where people can meet for social, educational, or recreational activities. Condominium, Residential. An individually owned dwelling unit in a multiple -family building or an individually ow…

Zone name Commercial Highway
General category COMMERCIAL
Zone area 143.08 ac
Source Grandville Zoning Ordinance Effective 4 13 2026
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