Grand Coney Building for Sale or Lease

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30286584
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Status: Pending
Building Size (RSF): 2,263 SF
Gross Building Area: See Agent
Gross Land Area: 0.63 Acres
Sale Price: $695,000
Unit Price: $307.11 PSF
Property Use Type: Vacant/Owner-User
Building Name: Grand Coney
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 12/4/2019

Overview / Comments

Former location for Grand Coney restaurant located at 401 28th Street at Madison. This location is at a hard signaled corner and adjacent to McDonald's in a high traffic corridor. This site was completely remodeled in in 2016 and turn key for the next user. Price includes all furniture, fixtures and equipment. Also available for sale, please inquire with listing agents. Certain restrictions are associated with this listing regarding competitive uses.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-07-453-043
Property Visibility: Excellent
Tenancy: Single Tenant
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,273 148,479 305,887
Median Age: 31.47 32.53 33.26
Households: 6,285 53,550 116,118
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