Thriving Fast Food Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30564732
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 3,165 SF
Gross Building Area: See Agent
Gross Land Area: 1.20 Acres
Sale Price: $575,000
Unit Price: $181.67 PSF
Ceiling: 10 ft.
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Wendy's
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/16/2020

Overview / Comments

Fast food restaurant with drive through built in 2001. Occupancy to be spring 2020, presently a Wendy's store. Very good condition and approximately 19,000 cars a day on busy 5 lane South Washington Ave.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Tax ID/APN: 53-02-05-152-001
Retail Clientele: General, Family, Business, Other
Property Located Between: W 34th & W 40th
Property Visibility: Excellent
Largest Nearby Street: US-31
Traffic/Vehicle Count: 19,000
Highway Access: US-31
Airports: Tulip City Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2001
Total Parking Spaces: 55
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal
Legal Description: COM AT A PT 354.15' S OF N 1/8 PST TH CONT S 211.7' TH E 300' TH N 211.7' TH W 300' TO POB SEC 5 T4N R15W

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,525 42,503 91,405
Median Age: 38.74 36.54 36.98
Households: 3,866 15,864 33,278
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.