128 W. Grand River Avenue

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30120510
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 4,364 SF
Gross Land Area: 2.93 Acres
Sale Price: $455,000
Unit Price: $104.26 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2018

Overview / Comments

Free-standing restaurant, right on the hard corner of W. Grand River and M-66. Property just off exit 67 on I-96 Interchange. This purchase includes ALL FF&E, and a liquor license. The property has almost three acres for redevelopment.
Site great for existing/expanding restaurant, or for a gas station development. Has utilities already on site. Property is less than 5 miles from downtown Ionia and site provides flexibility for an array of opportunities.

Additional Details

Nearest MSA: Ionia
County: Ionia
Taxing Authority: City of Ionia
Tax ID/APN: 011-024-000-105-00
Property Located Between: Harwood & State
Largest Nearby Street: S. State Rd
Feet of Frontage: 281
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Package Unit

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,677 3,828
Median Age: 41.61 40.73
Households: 673 1,444


Photograph of Listing Agent

Joe Rizqallah

Signature Associates
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.