2739 Breton Rd SE
Retail-Commercial
for Sale
| Catylist Listing ID: |
30703978 |
| Property Subtypes: |
Restaurant, General
|
| Building Size (RSF): |
12,456 SF
|
| Gross Land Area: |
1.72 Acres
|
| Sale Price: |
$1,095,000 |
| Unit Price: |
$87.91 PSF |
| Ceiling: |
9 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/18/2021 |
Overview / Comments
|
Gorgeous property located on Breton Road SE just north of 28th Street SE. With traffic counts of 18,000+ off Breton Road alone, this area is in a high retail traffic corridor. Very well maintained restaurant on the main floor, with a banquet hall and Class C liquor license. Additionally, Electric Beach is an active tenant on the lower level. Ample parking all around, this building is perfect for an owner/operator restaurant user. Local retailers include Wendy’s, Subway, Little Caesar’s, Berger Chevrolet, Pfeiffer Lincoln and Schuler’s Books. Don’t miss out on this great opportunity!
|
Financials
| Finance Data Year |
2008 |
| Real Estate Taxes - Annual($) |
$383,000 (Annual) |
Additional Details
| Nearest MSA: |
Grand Rapids-Kentwood |
| County: |
Kent |
| Submarket/Township: |
28th Street Southeast |
| Tax ID/APN: |
41-18-09-476-036 |
| Zoning: |
COMMERCIAL |
| Area Description: |
DIRECTIONS: NORTH OFF 28TH STREET ON BRETON |
| Tenancy: |
Single Tenant |
| Property Condition: |
Good |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,032 |
118,635 |
260,538 |
| Median Age: |
38.05 |
34.58 |
33.04 |
| Households: |
4,660 |
45,790 |
98,540 |
|
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