Freestanding Drive-Thru Turn-Key Restaurant for Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30279415
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 1,813 SF
Gross Building Area: See Agent
Gross Land Area: 0.20 Acres
Sale Price: $350,000
Unit Price: $193.05 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/8/2019

Overview / Comments

Freestanding drive-thru, turn-key restaurant with hood, walk in freezer, walk in cooler, and all FFE included in the lease and sale price. The property is situated on a corner lot with great visibility, ample parking, and high traffic counts.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-17-01-229-021 & 41-17-01-229-027
Zoning: TBA
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2011
Construction/Siding: Brick
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,965 158,510 310,645
Median Age: 25.57 30.8 33.45
Households: 7,003 58,845 119,580
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