69 28th Street SW

Retail-Commercial for Sale
Catylist Listing ID: 30019835
Property Subtypes: Restaurant
Building Size (RSF): 8,040 SF
Gross Building Area: See Agent
Gross Land Area: 0.73 Acres
Sale Price: $825,000
Unit Price: $102.61 PSF
Ceiling: 15 ft.
Property Use Type: Vacant/Owner-User
Building Name: Chinatown Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2017

Overview / Comments

8,000 SF of prime retail located along 28th Street just East of US-131 between Division Avenue and Buchanan. Excellent visibility with great signage opportunities. Site has over 20 + spots in front and over 100+ parking spots in back with shared cross-easement. Great for restaurants, catering/banquet hall, free-standing retailer, or new build with just under .80 AC. Zoned B-3. Seller does have a liquor license but that is purchased separately.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-12-476-007
Zoning: B3
Property Located Between: Buchanan & Division
Feet of Frontage: 161
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1953
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,768 145,857 304,593
Median Age: 30.5 32.02 33.13
Households: 5,348 52,494 115,787


Photograph of Listing Agent

Joe Rizqallah

Signature Associates
Photograph of Listing Agent

Kegan Russell

Signature Associates
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