For Lease
$26.50/SF/YR

1938 Grand Riv Ave Meridian charter Township, MI 48864

High-traffic corner, 9,251 SF, 140+ parking.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 9,251-square-foot restaurant building presents a prime investment opportunity in Meridian Township's bustling commercial district. Located on a hard corner across from the Meridian Mall, this high-visibility property boasts a rich history as a successful restaurant location, previously housing establishments such as The Whaling Station, Mountain Jacks, Rio Bravo, and Old Chicago. The building, constructed in 1977, sits on a 2.79-acre lot and offers ample parking for 140+ vehicles, ensuring convenient access for patrons. The property is zoned C-2, allowing for a variety of commercial uses. The building's interior is currently vacant, providing a blank canvas for a new concept or the revitalization of a classic. With a total building size of 9,251 square feet, the space offers significant potential for a large-scale restaurant or other commercial venture. The property's high-traffic location, coupled with its substantial size and parking capacity, makes it an ideal investment for entrepreneurs seeking a prominent presence in a thriving market. The property's APN is 33-02-02-22-153-003, located in Ingham County, with a cross street of Marsh Rd. Electric power is available. The previous annual rent was $245,151, translating to a monthly rent of $20,429, and a per-square-foot rate of $26.50.

Highlights

  • 9,251 SF restaurant building on a 2.79-acre lot.
  • Single-tenant occupancy, currently vacant.
  • High-traffic corner location across from Meridian Mall in Meridian Township, Ingham County.
  • C-2 zoning.
  • 140+ parking spaces.
  • Electric power.

Property Details for 1938 Grand Riv Ave

Property type
Restaurants
RSF (Rentable sq. ft)
9,251 SF

Unit(s) available at that property

Space
Size
9,251 SF
Rate per SF
$26.50

Location Insight

City
Meridian charter Township
County
Ingham
State
Michigan
Latitude
42.720303656072
Longitude
-84.419380043696

FAQs

What type of property is this?
Restaurant - High-traffic corner, 9,251 SF, 140+ parking.
Where is the restaurant located?
The property is located at 1938 Grand Riv Ave Meridian charter Township, MI.
What is the lease rate?
The lease rate is $26.50/SF/YR.
What are key features of this property?
This property features: 9,251 SF restaurant building on a 2.79-acre lot.; Single-tenant occupancy, currently vacant.; High-traffic corner location across from Meridian Mall in Meridian Township, Ingham County.
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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1938 Grand Riv Ave
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