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128 28th St SW 2,678 SF Retail Building Grand Rapids, MI 49548 $495,000 ($184.84/SF)
Investment Highlights
- Turn-key, fully equipped and comes complete with tables, booths, prep-tables, 16' hood, all equipment, grills, tavern license and more.
- Located on busy 28th Street on hard corner with lighted intersection.
Executive Summary
Full turn-key establishment with over 25+ years in the business. Comes fully equipped, with 16’ hood system, tables, prep-tables and all equipment. Owner just put over $45,000 into new Air Makeup System, Hood System & Fans. Furnace installed in 2017 with HVAC, roof and tankless water system in 2018. Owner will review all offers. Store can do over half a million in sales for lunch and dinner only.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,678 SF
Building Class
C
Year Built/Renovated
1980/2021
Price
$495,000
Price Per SF
$184.84
Tenancy
Single
Building Height
1 Story
Building FAR
0.77
Lot Size
0.08 AC
Zoning
B-2
Parking
15 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
43’ on 28th St
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-17-13-226-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $112,700 |
Property Taxes
Parcel Number
41-17-13-226-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$112,700
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128 28th St SW
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