5180 Lk Michigan Dr Allendale, MI 49401-9582

Property Details for 5180 Lk Michigan Dr

Lot size

0.87 lot acres

Property size

2,596 SF

Property type

Drive through restaurants

APN

70-09-25-200-070

APU

700925200070

Description

This exceptional 2,625-square-foot retail or restaurant space, located at 5180 Lake Michigan Dr in Allendale Charter Twp, MI 49401, presents a unique investment opportunity. Built in 2013, this Class A property boasts a single-story building on a 0.86-acre lot, offering ample space for a variety of commercial uses. The property features 27 parking spaces and a prominent monument sign, ensuring high visibility. Benefiting from a strategic location, it shares curb cuts with a neighboring shopping center and Culver's, providing convenient access from both Lake Michigan Drive (25,434 vehicles per day) and 52nd Avenue (3,863 vehicles per day). Its proximity to Grand Valley State University (GVSU), just 1.25 miles west, is a significant advantage, given GVSU's substantial and growing student population of 22,269, including a record-breaking incoming class of 4,974 students in Fall 2023. Situated in the rapidly expanding Allendale township within Ottawa County—Michigan's fastest-growing county—this property is ideally positioned to capitalize on the area's robust population growth. Allendale's population has increased significantly in recent years, with projections indicating continued expansion. This prime location, combined with the property's features and the area's strong demographics, makes this an attractive opportunity for businesses seeking high visibility and a thriving market.

Location Insight

City

Allendale

County

Ottawa

State

Michigan

Longitude

-85.9139

Latitude

42.9718

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments