Hall & Giddings

Retail-Commercial for Sale
Catylist Listing ID: 30217209
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, General
Building Size (RSF): 3,774 SF
Sale Price: $350,000
Unit Price: $92.74 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2018

Overview / Comments

This has been a successful restaurant in the past. The owners currently operate a frozen yogurt shop at the property. They will be moving. The location is on the border of Ottawa Hills and plenty of retail customers.

Attachments & Media

Financials

Finance Data Year 2006
Real Estate Taxes - Annual($) $47,400 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: East Grand Rapids
Tax ID/APN: 41-14-32-458-029
Zoning: C-1
Property Located Between: Hall and Giddings
Property Visibility: Good
Largest Nearby Street: Corner of Hall & Giddings
Site Description: LOT 807 AND 808 EXCEPT N 40 FT OF SAID LOT 807.
Area Description: DIRECTIONS: NW CORNER OF HALL SE AND GIDDINGS SE.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1927
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block building with good storefront windows. This can be two suites or combined into one.
Total Parking Spaces: 6
Parking Type: Surface
Parking Description: off street parking and a two-stall garage.
Zoning Description: This is a general commercial area.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots 807 & 808 EXC N 40 FT of SD Lot 807* Doran S Assessor S Plat NO 27

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,998 152,141 296,694
Median Age: 31.64 31.52 33.44
Households: 9,365 56,223 114,472
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