217 28th Street SE, Grand Rapids, MI 49507 (MLS# 25044639)

217 28th Street SE, Grand Rapids, MI 49507

$995,000
Property Type: Commercial Sale Square Footage: 5,000 Lot Size (sq. ft.): 74,793 Status: Active
Current Price: $995,000 List Date: 9/02/2025 Last Modified: 11/20/2025

Description

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.

More Information MLS# 25044639

Location & Property Info

Cross Streets: 28th & Division Property Sub-Type: Retail Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 199 Prop Avail for Lease?: No

General Property Info

New Construction: No Lot Dimensions: 105 x 712 Road Frontage: 105 Waterfront: No Total # Units: 1 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 5000 Total Net SqFt: 5000 School District: Grand Rapids Lot Measurement: Acres Lot Acres: 1.72 Lot Square Footage: 74793 Year Built: 1971 Full Baths: 2

Tax Info

Taxable Value: 197980 SEV: 307300 For Tax Year: 2024 Seller's Annual Property Tax: 9312 Tax Year: 2022 Homestead %: 0 Spec Assessment & Type: none known Zoning: TN-TBA Tax ID #: 411807376037

Remarks & Misc

Public Remarks: 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. Legal: Legal in LO

Additional Details

Ceiling Height: 12

Property Use

Business: 1 Vacant/Owner-User: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Restaurant: 1 Retail: 1

Construction Type

Block: 1

Exterior Material

Brick: 1

Roofing

Rubber: 1

Heat Source

Electric: 1

Sale Conditions

None: 1

Ownership

LLC: 1

Below Grade

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Business Includes

Equipment: 1 Real Estate: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Storm Sewer: 1

Send to Econ Dev Org

MEDC: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

County: Kent Street #: 217 Street Name: 28th Suffix: Street Post Direction: SE State: MI Zip Code: 49507 Area: Grand Rapids - G

OfficeContract Info

Status: Active Current Price: $995,000 List Price: $995,000 Listing Date: 2025-08-21

Remarks Misc

Directions: 28th St east of Division

Property Features

Property Use: Business; Vacant/Owner-User Uses: Restaurant; Retail Ownership: LLC Business Includes: Equipment; Real Estate Construction Type: Block Exterior Material: Brick Roofing: Rubber Below Grade: None Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Electric Heat Type: Forced Air Air Conditioning: Central Air Purchase Terms Avail: Cash; Conventional Sale Conditions: None Send to Econ Dev Org: MEDC
Listing Office: Signature Associates Kalamazoo
Listing Agent: Peter K. Cachey
IDX
Last Updated: November - 20 - 2025
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