217 28th St SE 5,000 SF Retail Building Grand Rapids, MI 49548 $1,523,038 CAD ($304.61 CAD/SF)


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 FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1971/2023
Price
$1,523,038 CAD
Price Per SF
$304.61 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.72 AC
Zoning
TN-TBA
Parking
40 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
80’ on 28th St
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS





PROPERTY TAXES
Parcel Number | 41-18-07-376-037 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $428,868 CAD |