Investment Overview
3,040 SF retail building situated on 0.10 acres on Front Street in downtown Grand Rapids, currently occupied by Snyder's Pizza a family-owned pizza and sub shop operating at this location since 1995. Property sold as a sale lease back investment with a 5 year lease in place and an option to renew. Located on Front Street in downtown Grand Rapids, a historic walkable district along the Maumee River lined with restored 19th-century buildings, and local shops. The village draws steady seasonal traffic from Providence Metropark, the Miami and Erie Canal towpath, and community events like the annual Apple Butter Festival.
Investment Highlights
- Sale lease back with a 5 year modified gross lease in place plus option to renew (Tenant Covers Utilities)
- Currently the only commercial building on market in downtown Grand Rapids Ohio
- FF&E Included: Walk in cooler, Soup and Salad Bar, Stainless steel 3 tub commercial sink
- Lease review available upon an accepted LOI by both parties