For Sale $1,250,000
Property Type Retail - Restaurant
Property Size 5,000 SF
Lot Size 1.72 Acre
Property Tenancy Single Tenant
Year Built 1971
Year Renovated 2023
Date Updated Mar 25, 2024

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.

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Reach out to the broker for more info on lease terms and amenities

Contacts

Joe Rizqallah

Signature Associates

(313) 960-4438

Location

Getting Around

Walk Score ®
63/100 Somewhat Walkable
Transit Score ®
40/100 Some Transit
Bike Score ®
65/100 Bikeable

Map
Street

City Grand Rapids, MI
Neighborhood Garfield Park
Zip Code 49548
Market Grand Rapids

Points of Interest

Grand Rapids

2.99 miles

BP

0.20 miles
Admiral

0.27 miles
Marathon

0.51 miles
Rich Oil

0.54 miles
Marathon

0.59 miles
Speedway

0.69 miles
Sunoco

0.98 miles
Citgo

1.11 miles
Mobil

1.23 miles
Mobil

1.26 miles

bus parking

1.04 miles
Lake Michigan Academy's Parking

2.88 miles
Wealthy Market's Parking

3.03 miles
Wege Parking Ramp

3.10 miles
Area 6A

3.22 miles
Ethel Parking Lot

3.22 miles
Cherry St. Parking

3.27 miles
Eastown Hub Parking Lot

3.28 miles
Area 2

3.36 miles
Area 3

3.38 miles

McDonald's

0.27 miles
Taco Bell

0.43 miles
Burger King

0.47 miles
The Old Goat

0.82 miles
McDonald's

1.37 miles
Jet's Pizza

1.48 miles
McDonald's

1.78 miles
Taco Bell

2.06 miles
Villa Mia Pizza

2.10 miles
Tacos El Cuñado

2.10 miles

Ken's Fruit Market

0.85 miles
ALDI

1.19 miles
Meijer

1.62 miles
ALDI

2.37 miles
Mediterranian Island International Foods

2.50 miles
Supermercado La Victoria

2.68 miles
Gordon Food Service

2.84 miles
D&W Fresh Market

2.92 miles
Fresh Thyme

2.93 miles
Wealthy Market

3.04 miles

Frequently Asked Questions

What is the lease rate for New Beginnings?

Rental asking rate at New Beginnings is $625,000.00/YR.

What is the total square footage of New Beginnings?

New Beginnings totals 5,000 square feet.

When was this property built?

New Beginnings was built in 1971.

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