128 W. Grand River Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30120510
Property Subtypes: Free-Standing Building, Restaurant
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: 7/17/2017

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
Zoning: COMMERCIAL
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

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates

Source

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