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    Grand Rapids, MI Restaurants for Sale

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    Two-Story Bar and Music Venue
    Updated: Apr 7
    Two-Story Bar and Music Venue

    760 Butterworth Street SW, Grand Rapids, MI 49504

    $1,750,000
    8,217 sqft 0.21 AC lot
    3‑parcel commercial bundle: 760 Butterworth St SW, 767 Emperor St, and 763 Emperor St
    760 Butterworth St SW: 2‑story building with an active bar and music venue on the main floor
    Second floor at 760 Butterworth St SW includes office space and a green room
    Liquor license: Class C (included with the Tip Top Deluxe Bar & Grill operation)
    767 Emperor St is a rented residential property providing immediate cash flow
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    This listing looks promising.

    Here's a quick look at some key insights for

    760 Butterworth Street SW, Grand Rapids, MI 49504

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $133K
      Annual

    • Price @ 7% Cap

      $1.91M
      Above asking

    • Last Sold

      Mar 2011
      $169K

    • Property Type

      Bar, Tavern
      Built 1920
    View Property Analytics
    Two-Story Bar and Music Venue
    Updated: May 22
    Two-Story Bar and Music Venue

    760 Butterworth Street SW, Grand Rapids, MI 49504

    $1,475,000
    4,641 sqft 0.12 AC lot
    Tip Top Deluxe Bar & Grill commercial opportunity at 760 Butterworth St SW, including an active bar and music venue on the main floor
    Second‑floor space currently configured with an office and green room
    Class C liquor license included
    Forced air heating and natural gas available
    Two‑story building built in 1920
    View details
    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    3345 Remembrance Road NW, Grand Rapids, MI 49534

    $220,000
    416 sqft 0.24 AC lot

    Compact commercial building with forced-air heating and a bathroom.

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    Flexible Storefront Property
    Flexible Storefront Property

    3345 REMEMBRANCE RD, Grand Rapids, MI 49534

    $220,000
    416 sqft 0.24 AC lot

    Compact commercial site with road access and flexibility for retail, food service, coffee, or office operations.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turnkey Sports Bar and Nightclub
    Turnkey Sports Bar and Nightclub

    2662 Division Avenue S, Grand Rapids, MI 49507

    $800,000
    3,506 sqft 0.10 AC lot

    Turnkey sports bar and nightclub with a full-service bar, indoor dining, and music and lighting systems.

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    Turnkey Freestanding Restaurant
    Turnkey Freestanding Restaurant

    69 28th St SW, Grand Rapids, MI 49548

    Contact for pricing
    8,040 sqft

    Turnkey freestanding restaurant with new 2023 interior build and included FF&E, plus ample parking.

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    Tip Top Deluxe Bar & Grill
    Tip Top Deluxe Bar & Grill

    760 Butterworth Street, Grand Rapids, MI 49504

    $1,475,000

    Two-story venue includes an active bar, live music space, office, and green room.

    View details
    Tip Top Deluxe Bar & Grill
    Tip Top Deluxe Bar & Grill

    760 Butterworth St SW, Grand Rapids, MI 49504

    $1,750,000

    Iconic Grand Rapids bar and grill with expansion potential.

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    Commercial Kitchen Property with Storage
    Commercial Kitchen Property with Storage

    4000 Remembrance Road, Grand Rapids, MI 49534

    $584,900

    The property includes five rentable units, updated offices, and storage with bay doors.

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    Iconic West Side Bar Opportunity
    Iconic West Side Bar Opportunity

    741 LEONARD St NW, Grand Rapids, MI 49504

    $1,999,999
    0.17 AC lot

    Iconic bar with apartments and liquor license for sale.

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    Freestanding Restaurant with Drive-Thru
    Freestanding Restaurant with Drive-Thru

    2260 Alpine Ave NW, Grand Rapids, MI 49544

    Contact for pricing

    Free-standing restaurant with two drive-thru windows and two hood systems, offered turn-key with business already operating.

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    Restaurant with Garden Patio Seating
    Restaurant with Garden Patio Seating

    924 Cherry St SE, Grand Rapids, MI 49506

    Contact for pricing

    Turnkey restaurant space with indoor dining, a garden patio, and a fully equipped commercial kitchen.

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    Multi-Level Restaurant and Banquet
    Multi-Level Restaurant and Banquet

    2739 Breton Rd SE, Grand Rapids, MI 49546

    Contact for pricing

    Well-maintained restaurant on the main floor with a banquet hall and an existing Class C liquor license.

    View details
    Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 13 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corporate-Guaranteed Restaurant Ground Lease
    Corporate-Guaranteed Restaurant Ground Lease

    3980 Rivertown Parkway, Grandville, MI 49418

    Contact for pricing
    4,000 sqft

    Newly delivered Raising Cane's ground lease with zero landlord responsibilities and scheduled rent increases.

    View details
    Stand-Alone Restaurant with Renovations
    Stand-Alone Restaurant with Renovations

    4505 Canal Ave SW, Grandville, MI 49418

    Contact for pricing
    7,829 sqft

    Standalone restaurant offering recently renovated interior and exterior, positioned right off I-96 for convenient customer access.

    View details
    Bar and Pub with Liquor Licenses
    Bar and Pub with Liquor Licenses

    Anywhere Street SW, Wyoming, MI 49509

    $900,000
    5,570 sqft 1.55 AC lot

    For-sale bar and pub with Class C and SDM liquor licenses, central air, forced-air heat, and included furniture and fixtures.

    View details
    Long John Silver’s NNN Restaurant
    Long John Silver’s NNN Restaurant

    1865 28th St SW, Wyoming, MI 49519

    Contact for pricing

    1980-built restaurant on a leased parcel with a long-term 15-year triple-net lease and two five-year renewal options.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    City Center Parking Lot Development Site
    City Center Parking Lot Development Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

    View details
    Commercially Zoned Development Land
    Commercially Zoned Development Land

    435 28th Street, Grand Rapids, MI 49548

    $399,000
    0.97 AC lot

    Commercially zoned land site offered for shopping center, fast food, or service station development.

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    Commercial Land Along East Beltline
    Commercial Land Along East Beltline

    2415 E Beltline Avenue NE, Grand Rapids, MI 49525

    $235,000
    0.62 AC lot

    Commercial parcel with public water and sewer in the Knapp's Corner Shopping District.

    View details
    Retail Outlot Adjacent to Tanger
    Retail Outlot Adjacent to Tanger

    670 84th Street SW, Byron Center, MI 49315

    $995,000
    3.71 AC lot

    3.71 acre retail/restaurant outlot near US-131 and Tanger Outlets.

    View details

    Off-Market Properties in Grand Rapids, MI

    Consider similar Off-Market properties in Grand Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1553 Plainfield NE Ave
    RESTAURANT

    1553 Plainfield NE Ave, Grand Rapids, MI 49505-4977

    $355,000
    Estimated value
    5,390 sqft 0.11 AC lot
    View details
    506 Leonard NW St
    BAR, TAVERN

    506 Leonard NW St, Grand Rapids, MI 49504-4258

    $335,000
    Estimated value
    2,975 sqft 0.06 AC lot
    View details
    1636 Eastern SE Ave
    RESTAURANT

    1636 Eastern SE Ave, Grand Rapids, MI 49507-2000

    $370,000
    Estimated value
    1,673 sqft 0.34 AC lot
    View details
    900 Fulton W St
    DRIVE-THRU RESTAURANT, FAST FOOD

    900 Fulton W St, Grand Rapids, MI 49504-6215

    $515,000
    Estimated value
    2,619 sqft 0.40 AC lot
    View details
    3445 28th SE St
    RESTAURANT

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

    Value Estimation by Request
    8,203 sqft 1.95 AC lot
    View details
    2260 Alpine NW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2260 Alpine NW Ave, Grand Rapids, MI 49544-1953

    $500,000
    Estimated value
    1,056 sqft 0.76 AC lot
    View details
    6454 Division S Ave
    RESTAURANT

    6454 Division S Ave, Grand Rapids, MI 49548-7840

    $1,210,000
    Estimated value
    6,588 sqft 1.38 AC lot
    View details
    1342 Cesar E Chavez SW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1342 Cesar E Chavez SW Ave, Grand Rapids, MI 49503-8041

    Value Estimation by Request
    725 sqft 0.31 AC lot
    View details
    2057 Division S Ave
    RESTAURANT

    2057 Division S Ave, Grand Rapids, MI 49507-3053

    $310,000
    Estimated value
    9,464 sqft 0.21 AC lot
    View details
    4370 Lk Michigan NW Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    4370 Lk Michigan NW Dr, Grand Rapids, MI 49534-4571

    $565,000
    Estimated value
    2,240 sqft 1.12 AC lot
    View details
    2739 Breton SE Rd
    RESTAURANT

    2739 Breton SE Rd, Grand Rapids, MI 49546-8053

    $455,000
    Estimated value
    12,456 sqft 1.34 AC lot
    View details

    Grand Rapids, MI Restaurants Market Trends and Statistics

    Explore 37 restaurants for sale in Grand Rapids, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 25,236 square feet of properties for sale, with an estimated market value of $10,274,899.

    Sale prices for restaurant properties in Grand Rapids, MI start at $220,000, averaging $1,141,655, and reaching up to $1,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 7
    Coffee shops 7
    Conventional restaurants 6
    Drive through restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49534 $220K
    49507 $800K
    49504 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 2,500 to 5,000 square foot range.

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49504
    • 49534
    • 49506
    • 49507
    • 49544
    • 49546
    • 49548

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