Address
217 28th Street SE, Grand Rapids, MI
Price
$ 1,250,000
Property Attributes
  • MLS#24014118
  • TypeCommercial
  • CountyKENT
  • CityGrand Rapids
  • AreaCity of Grand Rapids
  • NeighborhoodCity of Grand Rapids
  • Zip49507
  • StyleRetail/Commercial
  • Year Built1971
  • Taxes$ 9883
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size1.72 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

First time on the market, the iconic New Beginnings restaurant is available for purchase. 5,000 SF with 1.717 acres along busy 28th Street and less than 1.5 miles from US-131. This purchase is 100% turn-key and fully equipped, ready to open day one! Over 40 parking spots on the side and back. Do not miss this opportunity to own along 28th Street.

Price History
3/25/2024 Listed $1,250,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Phone Connected,Natural Gas Connected,Electric Connected,C
Roof Rubber
Construction Materials Brick
Year Built 1971
Township City of Grand Rapids
Property SubType Retail/Commercial
Tax Year 2024
Business Type Restaurant,Retail
County Kent
New Construction No
Property Type Commercial Sale
Status Active
Directions 28th Street between Division & Madison
City Grand Rapids
High School District Grand Rapids
Zoning Description TN-TBA
Total Units 1
MLS Area Grand Rapids - G
Lot Size Square Feet 74793.0
Waterfront Y/N No
Street Name 28th
Land Lease Y/N No
Tax Annual Amount 9883.0
Lease Renewal Y/N No
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 303
Standard Status Active
Tax Assessed Value 197980
Ownership Type LLC
MobileHomeRemainsYN No
Legal Description Legal in Agent Remarks
Senior Community None

Interior Features

Total Fireplaces 1
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 2
Street Suffix Street
Electric On Property Y/N No
Total Baths 2

Exterior Features

Water Source Public
Inclusions {u'Equipment': True,u'Real Estate': True}
Lot Size Area 1.72
Number of Buildings 1
Spa No
Building Area Total 5000.0
Lot Dimensions 105 x 712
Lot Size Acres 1.72
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49507

Price
AVG $620K
$1.25M
Taxes
AVG $4,625
$9,883
Visits
AVG 136
58
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1971
Listed By
Peter K. Cachey at Signature Associates Kalamazoo - (269) 385-2000

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