Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30294328
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 4,790 SF
Gross Building Area: See Agent
Gross Land Area: 1.84 Acres
Sale Price: $525,000
Unit Price: $109.60 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Burger King
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2019

Overview / Comments

AVAILABLE FOR SALE - 4,790 SF freestanding former Burger King restaurant on 1.84-acre lot in Spring Lake, Michigan. Built in 1994, this property features a drive-thru window, pylon signage, 85+/- parking spaces, curb cuts on Cleveland St./M-104 and additional access via Lloyds Bayou Dr. The high visibility site is located in Spring Lake Township, adjacent to Admiral Gas and Spring Lake Orchard Market, just outside of the Village. Site is approx. 200’ x 400’ and complemented by many area restaurants.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Ottawa
Taxing Authority: Spring Lake, Township of
Tax ID/APN: 70-03-14-400-060
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Fruitport Road & Lloyds Bayou Drive
Property Visibility: Excellent
Largest Nearby Street: Fruitport Road
Feet of Frontage: 200
Traffic/Vehicle Count: 15,328
Highway Access: Located on M-104 - off US-31.
Site Description: Located adjacent to Admiral Gas & Spring Lake Orchard Market.
Area Description: Property is located just outside of Village of Spring Lake.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,790 SF
Year Built: 1994
Roof Type: Flat
Construction/Siding: Block, Brick
Total Parking Spaces: 85
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: GC, General Commercial District
Lot Frontage: 200
Lot Depth: 400
Water Service: Municipal
Sewer Type: Municipal, Storm
Legal Description: PART OF SE 1/4 COM S 1/4 COR, TH N 0D 15M 52S E 1021.91 FT & N 89D 50M 07S E 272.6 FT ALG N LI OF M-104 TO PT OF BEG, TH N 0D 15M 52S E 379.3 FT, N 89D 50M 07S E 10 FT, TH N 0D 15M 52S E 20.7 FT, N 89D 50M 07S E 190 FT, TH S 0D 15M 52S W 400 FT TO N LI M-104, TH S 89D 50M 07S W 200 FT TO BEG. SEC 14 T8N R16W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,712 27,874 54,090
Median Age: 41.99 41.83 41.55
Households: 1,891 11,724 21,898


Photograph of Listing Agent

Jodi K. Milks, CCIM

Bradley Company CARWM Member
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