For Lease
$46.52/SF/YR

2041 Eastern Ave Grand Rapids, MI 49507

Prime Drive-Thru Location, 387 SF

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 387-square-foot retail property presents a unique investment opportunity in Grand Rapids, Michigan. Situated on a 0.7-acre lot at 2041 Eastern Ave SE, 49507, this single-tenant building enjoys a high-visibility location directly in front of a bustling retail center, ensuring significant foot and vehicle traffic. The property's ideal location just south of Burton Street in the Grand Rapids submarket of Kent County makes it exceptionally well-suited for a variety of drive-thru businesses. Potential uses include, but are not limited to, a coffee shop, bank/ATM, fast-food restaurant, bakery, smoothie shop, pharmacy, liquor store, medical facility, or ice cream parlor. The current monthly rent is $1,500, plus common area maintenance charges. This property offers a compelling combination of prime location, convenient size, and strong potential for rental income, making it an attractive investment for discerning buyers seeking a high-return opportunity in a thriving market. The property's classification as retail with a drive-thru subtype underscores its versatility and adaptability to a range of commercial enterprises. Its strategic placement within a busy retail hub guarantees high visibility and accessibility, maximizing its potential for success. This is a rare opportunity to acquire a well-positioned, income-generating property in a desirable Grand Rapids location.

Highlights

  • 387 sq ft retail building on a 0.7-acre lot in Grand Rapids, MI.
  • High-visibility location at 2041 Eastern Ave SE, 49507, directly in front of a bustling retail center.
  • Ideal for drive-thru businesses; suitable for coffee shop, bank/ATM, fast food, bakery, etc.
  • $1,500/month rent + CAM.

Property Details for 2041 Eastern Ave

Property type
Retail properties
RSF (Rentable sq. ft)
387 SF

Unit(s) available at that property

Space
Size
387 SF
Rate per SF
$46.52

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.925951749264
Longitude
-85.648139183123
2041 Eastern Ave, Grand Rapids, Michigan

FAQs

What type of property is this?
Retail property - Prime Drive-Thru Location, 387 SF
Where is the retail property located?
The property is located at 2041 Eastern Ave Grand Rapids, MI.
What is the lease rate?
The lease rate is $46.52/SF/YR.
What are key features of this property?
This property features: 387 sq ft retail building on a 0.7-acre lot in Grand Rapids, MI.; High-visibility location at 2041 Eastern Ave SE, 49507, directly in front of a bustling retail center.; Ideal for drive-thru businesses; suitable for coffee shop, bank/ATM, fast food, bakery, etc.
How can I contact the broker?
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2041 Eastern Ave
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