1938 Grand Riv AveMeridian charter Township, MI 48864

Property Details for 1938 Grand Riv Ave

Year built

1977

Lot size

2.79 AC

Property size (Sq ft)

9,251 SF

Zone code

C-2

Property type

Turn key restaurants

APN

33-02-02-22-153-003

APU

33020222153003

Description

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.

Location Insight

City

Okemos

County

Ingham

State

Michigan

Latitude

42.7208

Longitude

-84.4187

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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