About This Restaurant
Investment Highlights
Former Applebee's / New Restaurant / Redevelopment Opportunity Between US 131 and I-196 Highway Interchanges on 28th St, SW. 215'+ Frontage on Grand Rapids' most significant commercial corridor
Executive Summary
SVN / Investment Property Advisors is pleased to offer this former Applebee's with frontage on Grand Rapids most significant Commercial Artery. Potential New Restaurant or Redevelopment Opportunity on primary East-West Artery between US 131 and I-196 Highway Interchanges.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Storefront Retail/Office Restaurant
- Building Size 5,295
- Building Class C
- Year Built 1996
- Tenancy Single
- Building Height 1 Story
- Loading Docks 1 Exterior
- Building FAR 0.07
- Land Acres 1.67 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Amenities & Transportation
Retail | Price Cutter | ||
Retail | Fifth Third Bank | ||
Retail | Bank of America | ||
Retail | Checkers | ||
Retail | Rent-A-Center | ||
Retail | Applebee's | ||
Retail | Planet Fitness | ||
Retail | Starbucks | ||
Retail | Aldi | ||
Retail | Family Fare Quick Stop |
Property Taxes
Parcel Number | 41-17-11-376-018 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $463,900 |
Date Created: | 2024-07-16 04:16:19 | Last Updated: | 2024-07-16 04:16:19 |
Address: | 1375 28th St SW , Grand Rapids, Michigan, 49509 |