For Sale
$629,000

41 Washington Ave Grand Haven, MI 49417

Established Restaurant, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Grand Haven restaurant, Porto Bello, presents a unique investment opportunity. Located at 41 Washington Ave in the Harbourfront Place, this multi-tenant property boasts a total of 56,540 square feet, with the restaurant occupying 10,212 net rentable square feet. The building, constructed in 1950, features three stories and sits on a 0.89-acre lot (APN: 70-03-20-404-007). The restaurant itself offers 5,369 square feet of indoor space, complemented by an additional 1,800 square feet of outdoor dining area. An impressive 4,292 square feet of event space is also available, including a 600 square foot outdoor patio and a 531 square foot office. The property benefits from abundant natural light, high ceilings, and a strategic location in a high-traffic area with ample parking. The asking price is $629,000, with a price per square foot of $61.59. The property is currently 100% occupied under a NNN lease, with lease terms negotiable with the landlord. The permitted zoning is commercial, making this a prime opportunity in a bustling commercial landscape. This well-established restaurant is known for its inviting atmosphere and delicious Italian cuisine, making it a popular choice for locals and visitors alike.

Highlights

  • 5,369 SF restaurant with 1,800 SF outdoor patio.
  • 4,292 SF event space including a 600 SF outdoor patio and 531 SF office.
  • Abundant natural light and high ceilings.
  • High-traffic location with ample parking.
  • Prime commercial location.
  • Lease terms negotiable with landlord.

Property Details for 41 Washington Ave

Property type
Retail properties, Restaurants
Square Feet
56,540 SF
Class
C
Year Built
1950
Buildings
1
Stories
3
Lot Size (sq. ft)
38,768 SF

Location Insight

City
Grand Haven
County
Ottawa
State
Michigan
Latitude
43.0651042
Longitude
-86.232599

FAQs

What type of property is this?
Retail property - Established Restaurant, High-Traffic Location
Where is the retail property located?
The property is located at 41 Washington Ave Grand Haven, MI.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 5,369 SF restaurant with 1,800 SF outdoor patio.; 4,292 SF event space including a 600 SF outdoor patio and 531 SF office.; Abundant natural light and high ceilings.
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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41 Washington Ave
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