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Property profile & analytics

6597 Division S Ave Grand Rapids, MI 49548-7835

  • Commercial real estate
  • 2,576 SF
  • 0.35 lot acres
OFF-MARKET
Last Sale
Jun 14, 2023
$355,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1406119
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Deluxe Restaurant & Bar / Restaurant

Property Details for 6597 Division S Ave

Year built
1974
Lot size
0.35 lot acres
Property size
2,576 SF
Zone code
B1
Property type
Commercial real estate
APN
41-21-01-477-011
APU
412101477011

Description

This exceptional turnkey restaurant opportunity is located at 6597 Division Ave S in Grand Rapids, Michigan, 49548. The property boasts 2,576 square feet situated on a 0.35-acre lot, zoned B-1. The single-story building has been a successful restaurant for over 50 years, offering a long-standing history and established clientele. All fixtures, furniture, and equipment are included in the sale price of $499,000 ($199.92 per square foot). A significant advantage is the inclusion of a large, grandfathered pole sign and additional building signage, ensuring high visibility. The property benefits from ample parking and is conveniently located near the Spectrum Health facility on Division and 68th Street, providing excellent access to a large customer base. Seller financing options may be available to qualified buyers. This is a rare opportunity to acquire a well-established restaurant with a proven track record in a prime location. The property's long history, existing infrastructure, and strategic location make it an attractive investment for experienced restaurateurs.


Value Estimations

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  • CAP approach

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Location Insight

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  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.6641
Latitude
42.8441
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$4,706
$0.00
$0.00
$193,400
-
$0.00
$0.00
$386,800
More about this property
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