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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

53 COMMERCE AVE SW Grand Rapids MI 49503-4124

[Locked] • APN 41-13-25-435-009

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Details
Property Type Retail
Sub Type Bar, Restaurant
Building SqFt 5,000
Lot SqFt 5,009
Acreage ******
Zoning Code TN-CC
Year Built 1929
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******
Tax Year ******
Tax Assessed Value ******
Days on Market ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Bar, Restaurant
Marketing Description

INVESTMENT SALE - Stella's is a staple to the Grand Rapids Downtown and is well known for its award-winning burgers, 250+ unique Whiskeys, and collection of arcade games. The building is located in the heart of Grand Rapids walking distance to the Van Andel Arena, Celebration Cinema Studio Park Development, and much more. The tenant operates the facility under a 10-year net lease with 4 years remaining. The lease is at fair market value and has 3% annual rent increases.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
MV
Michael Visser PRO
•••.•••.2617
•••••••.••sser@••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SM
Steve Marcusse
•••.•••.2613
•••••.••••usse@••••••••••••.com
Brokerage logo

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