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$1,750,000
Est. payment /mo
3 Baths
8,217 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 8,217 sqft
Price per Sqft $212
MLS Listing ID 65026014102
Year Built 1920
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type BusinessandRealEstate
Property Description
Rare commercial opportunity with 3 parcels: Tip Top Deluxe Bar & Grill! Own an iconic piece of Grand Rapids' West Side music history. This high-performing bundle features the Tip Top Deluxe Bar & Grill, a turn-key operation with a Class C liquor license and a consistent schedule of national and local live music. Investment Highlights: 760 Butterworth St SW: Two-story building featuring an active bar and music venue on the main floor. The second floor provides versatile space currently configured with an office and green room. Income Stream: Includes 767 Emperor St, a rented residential property generating immediate cash flow. Expansion Potential: Includes 763 Emperor St, a fully paved, commercially zoned lot currently used for overflow parking. Strategic Location: Situated in a high-growth corridor, this portfolio is exceptionally walkable and located steps from the new downtown Amphitheater and major bus lines. With Commercial Improved zoning, this is a prime target for developerseyeing multi-family conversions or boutique mixed-use projects in a premier urban setting. Maximize your portfolio with this versatile, income-producing development opportunity.
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Other
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Ownership Partnership
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Giuseppe Lupis of Greenridge Realty (EGR)
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