For Sale or Lease - 2739 Breton Road

Retail-Commercial for Sale
Catylist Listing ID: 30450857
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, General
Building Size (RSF): 12,456 SF
Gross Building Area: See Agent
Gross Land Area: 1.72 Acres
Sale Price: $950,000
Unit Price: $76.27 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Gorgeous property on Breton just north of 28th Street SE. With traffic counts of 18,000+ off Breton alone, this area is in a high traffic corridor. Very well maintained restaurant on the main floor, with a banquet hall, private dining room and bar. A Class C liquor license is available for purchase. Additionally, Electric Beach is an active tenant on the lower level. Ample parking all around, this spot is perfect for an owner/operator restaurant user. Local retailers include Wendy's, Subway, Little Caesar's and Berger Chevrolet. Don't miss out on this great opportunity!

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Southeast
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-09-476-036
Zoning: COMMERCIAL
Area Description: DIRECTIONS: NORTH OFF 28TH STREET ON BRETON
Tenancy: Multiple Tenants
Property Condition: Excellent

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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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