3725 Alpine Ave. NW

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 28684550
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 10,280 SF
Gross Land Area: 3.12 Acres
Sale Price: $1,850,000
Unit Price: $179.96 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Teppanyaki Grill
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/2/2017

Overview / Comments

Immediate Availability! 10,280 sf buffet concept restaurant being offered for Sale or Lease.This site is located in the thriving Alpine Avenue and 4 Mile Road corridor, adjacent to the newly built Walgreens, RX Optical and Belle Tire. This site could easily be converted to many possible retail uses. Extensive parking lot surrounds building with service road to adjoining retail centers. Please call listing agent for Sale Brochure.

TERMS: Cash. New Mortgage.

INDIV ELECTRIC METER: Yes.

INDIV GAS METER: Yes.

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $32,198 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Alpine Corridor
Tax ID/APN: 41-09-35-490-021
Zoning: COMMERCIAL-IMPROVED
Feet of Frontage: 240
Site Description: PART SE 1/4 COM 30 FT N ALONG W LINE OF LOT 14 OF ALFOUR COMMERCIAL PLAT FROM N LINE OF LOT 11 OF SD PLAT TH W PERP TO W LINE OF SD LOT 14 - 40 FT TH N 18D 42M 24S W 30.0 FT TH N 01D 28M 30S E 246.16 FT TH S 88D 31M 30S E TO A PT 235.0 FT N 0D 33M 23S E A
Area Description: DIRECTIONS: On Alpine Avenue, NW just north of 4 Mile Road on the west side of the street.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Construction/Siding: Brick
Total Parking Spaces: 197
Lot Frontage: 267
Lot Depth: 508

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,767 56,572 160,726
Median Age: 29.43 36.14 35.47
Households: 3,875 22,804 65,369

Contact

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