Rare Building & Restaurant Opportunity

Grand Rapids, MI (Kent County)

Rare Building & Restaurant Opportunity
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Asking Price: Get Financing: $949,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: 7,346

FF&E: N/A

Year Built: N/A

Rare Building & Restaurant Opportunity

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Property Description

Rare opportunity for an owner operator to own Grand Rapids' landmark restaurant or to open a new concept. The Cherie Inn is an East Hills Neighborhood establishment, with increasing annual sales. This offering consists of two parcels, sale of business, and all equipment. Includes over 3,000 SF of restaurant space plus basement storage (cooler, freezer, dry storage and some mechanicals), 2 two bedroom apartments that are month-to-month, one leased commercial space, and an unfinished second floor space ready for apartment, office or restaurant expansion. Majority of kitchen equipment has been replaced within the past two years.

Detailed Information

Type:
Retail
Building SF:
7,346
Building Status:
Established
Location Description:
Cherry Street - East Hills Neighborhood
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Todd Leinberger

Property Listed By:
Todd Leinberger

NAI Wisinski of West Michigan

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Sponsoring Broker:
Kara Schroer

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