217 28th St SE

217 28th St SE , Grand Rapids, Michigan, 49548 | 5,632 sq.f | $ 1,250,000

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About This Restaurant

Investment Highlights

Less than 1.5 miles from US-131. 100% turn-key and fully equipped, ready to open day one.

Executive Summary

First time on the market, the iconic New Beginnings restaurant is available for purchase on busy 28th Street and less than 1.5 miles from US-131. This purchase is 100% turn-key and fully equipped, ready to open day one! Over 40 parking spots on the side and back. Do not miss this opportunity to own along 28th Street.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    5,632
  • Building Class    C
  • Year Built/Renovated    1971/2023
  • Price    1,250,000
  • Price Per SF    222
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.08
  • Land Acres    1.72 AC

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Property Taxes

Parcel Number 41-18-07-376-037 Improvements Assessment $0
Land Assessment $0 Total Assessment $303,400
Date Created: 2024-07-16 04:16:19 Last Updated: 2024-07-16 04:16:19
Address: 217 28th St SE , Grand Rapids, Michigan, 49548