2450 Plainfield AveGrand Rapids, MI 49505

Property Details for 2450 Plainfield Ave

Year built

1952

Lot size

0.15 AC

Property size (Sq ft)

1,728 SF

Zone code

TN-TBA

Property type

Commercial real estate

APN

41-14-08-154-003

APU

411408154003

Description

This exceptional restaurant opportunity is located at 2450 Plainfield Ave NE in Grand Rapids, Michigan, 49505. The property boasts 1,728 square feet situated on a 0.15-acre lot, offering a prime location in a high-traffic neighborhood. Built in 1952 and renovated in 1999, this single-story masonry block building is situated on a hard corner, providing excellent visibility and accessibility. The asking price is $500,000, translating to $289.35 per square foot. The property features a single tenancy and is zoned TN-TBA, allowing for a variety of potential uses beyond its current configuration as a restaurant. All existing restaurant equipment is included in the sale, presenting a turnkey opportunity for a new owner. Its convenient location near downtown Grand Rapids and major highways ensures high visibility and easy access for customers. This is a rare chance to acquire a well-established business in a desirable location with significant potential for growth and future development. The property's strong history and versatile zoning make it an attractive investment for both seasoned restaurateurs and entrepreneurs seeking a profitable venture.

• Alternative Use

  Use

  Valuation

  Residential

  $361,249

  Hospitality

  $330,902

  Educational

  $275,306

  Medical

  $284,775

  Retail

  $428,254

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Latitude

43.0079

Longitude

-85.6496

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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