Ideal Restaurant/ Brewery Location in Alger Heights

Retail-Commercial for Lease
Catylist Listing ID: 30339753
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 2,200 - 5,600 SF
Total Available: 11,200 SF
Building Size (RSF): 5,600 SF
Gross Building Area: 16,520 SF
Gross Land Area: 0.69 Acres
Lease Rate: $10 PSF (Annual)
Base Monthly Rent: $4,666 - 2,833
Lease Types: NNN
Ceiling: 11 ft.
In Opportunity Zone? Yes
Usable Size (USF): 5,600 SF
Last Updated: 9/22/2021

Overview / Comments

If you are looking for an up and coming location to expand your current restaurant or start a brewery, this Alger Heights location is it. With a clean pallet to layout your own interior design, this 5600 SF space truly has many options for the right user. Owner is in the process of changing the facade and entries to update this old gem into the 21st century. To top it off, there's side parking along with a large back parking lot to accommodate the patrons. Call to find out more.

Attachments & Media

Expand All 3 Spaces Available

Suite: 1 3,400 SF $10 PSF (Annual) NNN
Suite: 1 & 2 5,600 SF $10 PSF (Annual) NNN
Suite: 2 2,200 SF $10 PSF (Annual) NNN

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-07-227-024
Zoning: C-1
Retail Clientele: General, Business
Property Located Between: One block south of Burton on Eastern
Property Visibility: Good
Largest Nearby Street: Burton and Eastern
Feet of Frontage: 717
Site Description: Building and Parking Lot
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1950
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Building and lot
Passenger Elevators: 2
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 71.7
Lot Depth: 423.45
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Legal Description: Lot 1204 & S 1205 Also N 71.7 Ft of Lot 1211 Doran S Addition S Plat No 40

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,949 153,181 310,942
Median Age: 30.23 31.68 33.25
Households: 6,837 56,616 118,891


Photograph of Listing Agent

Roger Ackerman

Keller Williams GR North
CARWM Member
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