For Sale
$1,650,000

755 Michigan St Grand Rapids, MI 49503

Turnkey operation, prime Medical Mile location.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional turnkey restaurant and bar opportunity is located in Grand Rapids, Michigan, at 755 Michigan St NE, within the desirable Traditional Business Neighborhood zoning district. The property, encompassing 2,885 square feet on a 0.377-acre lot (APN 41-14-19-483-019), boasts a newly renovated interior (2023) and is ideally situated near the Medical Mile. The sale includes the real estate, all furniture, fixtures, and equipment (FFE), and a valuable liquor license. The establishment offers ample seating for 100 patrons indoors and an additional 95 seats outdoors. On-site parking accommodates 19 vehicles, supplemented by plentiful off-street parking in a nearby lot. This presents a unique chance for an operator to seamlessly continue existing operations or implement a fresh brand concept. The asking price for this fully equipped and licensed business is $1,650,000. The single-story building is ready for immediate occupancy.

Highlights

  • Prime location on the Medical Mile.
  • Turnkey restaurant/bar with all equipment, furniture, fixtures, and liquor license included.
  • Seating for 100 indoors and 95 outdoors.
  • 19 on-site parking spaces plus ample off-street parking nearby.

Property Details for 755 Michigan St

Property type
Retail properties, Restaurants
Square Feet
2,885 SF
Year Renovated
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
16,422 SF

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9702504
Longitude
-85.6499533
755 Michigan St, Grand Rapids, Michigan

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FAQs

What type of property is this?
Retail property - Turnkey operation, prime Medical Mile location.
Where is the retail property located?
The property is located at 755 Michigan St Grand Rapids, MI.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime location on the Medical Mile.; Turnkey restaurant/bar with all equipment, furniture, fixtures, and liquor license included.; Seating for 100 indoors and 95 outdoors.
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.
How do I access a private listing?
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Contacts

Todd Leinberger
Todd Leinberger
Visit Broker Website

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Useful Information

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Michigan St
Grand Rapids, MI 49503

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Michigan St
Grand Rapids, MI 49503

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

755 Michigan St
  • Todd Leinberger
    Todd Leinberger
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