Retail-Commercial for Sale
Catylist Listing ID: 30667061
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 72,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.56 Acres
Sale Price: $15,500,000
Unit Price: $215.28 PSF
Property Use Type: Investment, Business
Building Name: The B.O.B.
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

The B.O.B. (an acronym for Big Old Building) is located in downtown Grand Rapids. The 72,000-square-foot, four-story, red brick building was constructed in 1903 as Judson's grocery warehouse. It stood vacant for decades before The Gilmore Collection began its transformation, saving it from demolition. Its casual appeal, large size and historic charm have given The B.O.B. destination status in downtown Grand Rapids. Ambitious, expansive, and versatile, The B.O.B. is a big old building of fun, offering a multitude of choices for each guest who walks through the door.

The B.O.B is home to B.O.B's Brewery, H.O.M.E.(House of Music & Entertainment), Gilly's Smokehouse, Judson's Steak House, Bobarino's Pizzeria, Dr. Grins Comedy Club, Eve Nightclub, and an outdoor (5200 SF) Beer Garden.

This listing includes the real estate and businesses within. Can be purchased with 20 Monroe LIVE as a package deal.

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Central Business District
Tax ID/APN: 41-13-25-290-010
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Fulton-Monroe-Ottawa
Property Visibility: Excellent
Largest Nearby Street: Fulton
Feet of Frontage: 450
Tenancy: Multiple Tenants
Number of Stories: 5
Property Condition: Excellent
Year Built: 1903

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,559 150,791 288,738
Median Age: 28.04 30.93 33.76
Households: 9,393 56,420 110,624
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