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Applebees 1375 28th St SW

5,295 SF Retail Building Grand Rapids, MI 49509 $1,825,623 ($345/SF)

Restaurants Michigan Grand Rapids 1375 28th St SW, Grand Rapids, MI 49509

Investment Highlights

  • Former Applebee's / New Restaurant / Redevelopment Opportunity
  • Between US 131 and I-196 Highway Interchanges on 28th St, SW.
  • 215'+ Frontage on Grand Rapids' most significant commercial corridor
  • PRICED AT CITY APPRAISED VALUE

Executive Summary

SVN / Investment Property Advisors is pleased to offer this former Applebee's with frontage on Grand Rapids most significant Commercial Artery. Potential New Restaurant or Redevelopment Opportunity on primary East-West Artery between US 131 and I-196 Highway Interchanges. PRICED AT CITY APPRAISED VALUE

Attachments

Wyoming, MI 1375 28th St SW Brochure1A

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,295 SF
Building Class
C
Year Built
1996
Price
$1,825,623
Price Per SF
$345
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.07
Land Acres
1.67 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial
Parking
100 Spaces (18.89 Spaces per 1,000 SF Leased)
Frontage
217 FT on 28th Street

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Links

1 of 1

PROPERTY TAXES

Parcel Number 41-17-11-376-018 Improvements Assessment $0
Land Assessment $0 Total Assessment $489,600

PROPERTY TAXES

Parcel Number
41-17-11-376-018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$489,600
(616) 399-3955

  • Listing ID: 26761000

  • Date on Market: 10/3/2022

  • Last Updated:

  • Address: 1375 28th St SW, Grand Rapids, MI 49509

More public record information on 1375 28th St SW, Grand Rapids, MI 49509

The Retail Property at 1375 28th St SW, Grand Rapids, MI 49509 is currently available For Sale. Contact SVN | Investment Property Advisors for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1375 28th St SW, Grand Rapids, MI for sale Building Photo- Image 1 of 8
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1375 28th St SW, Grand Rapids, MI for sale Building Photo- Image 4 of 8
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Applebees | 1375 28th St SW
(616) 399-3955 x

Applebees | 1375 28th St SW

David De Maagd

(616) 399-3955

(616) 399-3955

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