For Sale
$599,000

128 28Th St Grand Rapids, MI 49548

Turnkey Restaurant, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
131
This thriving restaurant, Bosna Express, presents a unique investment opportunity. Established for 23 years, this turnkey operation boasts 2,460 square feet of space in a prime location at 128 28th Street SW, Wyoming, MI 49548, situated on a hard corner with a lighted intersection in Kent County. The property sits on a 0.18-acre lot (APN: 41-17-13-226-005 & -007) and is zoned B-2. The building, constructed in 1980 and extensively renovated in 2021, features a single story and includes all necessary equipment for immediate operation. This includes tables, booths, prep tables, a 16-foot hood, grills, and a complete kitchen setup. A tavern license is also included in the sale. Significant upgrades have been made, including a new furnace (2017), new HVAC, roof, and tankless water heater (2018). The asking price is $599,000, representing a land value of $243.50 per square foot. This is a rare chance to acquire a well-established, profitable restaurant in a high-traffic area with significant recent improvements. The business is ready for a new owner to continue its success. This is a fully equipped, turn-key operation ready for immediate operation.

Highlights

  • $599,000 asking price for this established restaurant business.
  • 2,460 square foot restaurant on a 0.18-acre lot in Wyoming, MI.
  • Turnkey operation, fully equipped with all necessary equipment, including a 16' hood and tavern license.
  • Located on a high-visibility corner of busy 28th Street SW, with a lighted intersection.
  • Building features include a new furnace (2017), new HVAC, roof, and tankless water heater (2018), and a 2021 renovation.
  • Property is zoned B-2 and has an APN of 41-17-13-226-005 & -007.

Property Details for 128 28Th St

Property type
Retail properties, Restaurants
Square Feet
2,460 SF
Year Built/Renovated
1980/2021
Stories
1
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9128695
Longitude
-85.6697761
128 28Th St, Grand Rapids, Michigan

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, High Traffic Location
Where is the retail property located?
The property is located at 128 28Th St Grand Rapids, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: $599,000 asking price for this established restaurant business.; 2,460 square foot restaurant on a 0.18-acre lot in Wyoming, MI.; Turnkey operation, fully equipped with all necessary equipment, including a 16' hood and tavern license.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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128 28Th St
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