Formerly Tim Hortons Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30139133
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,404 SF
Gross Building Area: See Agent
Gross Land Area: 0.97 Acres
Sale Price: $545,000
Unit Price: $160.11 PSF
Property Use Type: Vacant/Owner-User
Building Name: Tim Hortons
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2017

Overview / Comments

Former Tim Hortons near East Beltline/Plainfield intersection. Good visibility. Drive-thru approved.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: East Beltline North
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-10-26-129-020
Zoning: COMMERCIAL; C-1
Property Visibility: Good
Largest Nearby Street: Plainfield
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2007
Year Renovated: 2013
Construction/Siding: Block
Total Parking Spaces: 38
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PART OF NW 1/4 COM 1286.60 FT S 0D 19M 14S E ALONG N&S 1/4 LINE & 36.07 FT N 89D 23M 00S W FROM N 1/4 COR TH N 89D 23M 00S W ALONG N LINE OF GRAND RIVER DR 260.0 FT TH N 0D 020M 00S W 163.31 FT TH S 89D 26M 30S E 266.72 FT TO WLY LINE OF EAST BELTLINE AVE TH SLY ALONG SD WLY LINE 163.66 FT ON A 1859.86 FT RAD CURVE TO RT /LONG CHORD BEARS S 3D 56M 36S W 163.61 FT/ TO BEG * SEC 26 T8N R11W 0.97 A. SPLIT ON 03/03/2010 FROM 41-10-26-129-010, 41-10-26-129-011;

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,825 31,479 94,130
Median Age: 41.08 39.83 38.27
Households: 1,868 11,994 36,555
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