1568 Broadway Ave NW - The Pubb Food & Spirits

Retail-Commercial for Sale
Catylist Listing ID: 30179955
Property Subtypes: Restaurant
Building Size (RSF): 3,924 SF
Gross Building Area: See Agent
Sale Price: $495,000
Unit Price: $126.15 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/15/2018

Overview / Comments

Well established local burger and sandwich bar with a sports theme and a high volume of regular customers. Management has owned and operated since 2014 and has made many upgrades to the building and business. Year over year sales growth since owners have operated the business. Sale includes business, FFE, Class C liquor license, and real estate. Recent upgrades to the 3,924 building include new roof in 2014 and windows in 2016. Supplemental income from arcade games, ATM and second floor apartment.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Tax ID/APN: 41-13-13-329-017
Tenancy: Multiple Tenants

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,045 117,680 232,745
Median Age: 28.38 32.85 33.73
Households: 7,438 47,722 89,151


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