Properties for sale in Michigan

Overview

Description

Smitty's Specialty Beverage, a beloved fixture in Eastown Grand Rapids, an exceptional opportunity for both business and lifestyle. This iconic liquor store is known for its charm and loyal customer base for 43 years, featuring a wide selection of specialty beverages. Included with the sale is a valuable liquor license, adding significant business potential. The property also boasts a spacious upstairs apartment, providing convenient living quarters or potential rental income. Smitty's is more than just a store - it's a piece of the neighborhood, blending tradition with opportunity in one of the city's most vibrant areas.

Location Property Info

County: Kent
Street #: 1485-1489
Street Name: Lake
Suffix: Drive
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 1711

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.15
Lot Square Footage: 6534
Lot Dimensions: NA
Year Built: 2012
Road Frontage: 306.95
Total # Units: 2
# Fin Bldg Lvls: 2
Total # Bldgs: Yes
Total SqFt: 3773
Full Baths: 3
Total Baths: 2
Waterfront: No
School District: Grand Rapids

Tax Info

Tax ID #: 41-14-29-482-010
Taxable Value: 17018
SEV: 104600
For Tax Year: 2023
Seller's Annual Property Tax: 10201.3
Tax Year: 2023
Homestead %: 100
Spec Assessment & Type: NA
Non-Conforming Use: No

Remarks Misc

Directions: On the right side of Lake Drive as you drive towards Downtown GR.

Status Change Info

Under Contract Date: 2025-10-14

More Information

Additional Details

Total Parking Spaces: 7

Location & Property Info

Cross Streets: Wealthy St and Hampton Ave
Property Sub-Type: Retail
Area: Grand Rapids - G
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 609.06
Prop Avail for Lease?: No
Current Bldg Use: Liquor/ Party Store

Remarks & Misc

Public Remarks: Smitty's Specialty Beverage, a beloved fixture in Eastown Grand Rapids, an exceptional opportunity for both business and lifestyle. This iconic liquor store is known for its charm and loyal customer base for 43 years, featuring a wide selection of specialty beverages. Included with the sale is a valuable liquor license, adding significant business potential. The property also boasts a spacious upstairs apartment, providing convenient living quarters or potential rental income. Smitty's is more than just a store - it's a piece of the neighborhood, blending tradition with opportunity in one of the city's most vibrant areas.
Legal: LOT 18 EXCEPT N 53 FT* GILES ADDITION

Street Type

Public: Yes

Property Use

Business: Yes
Investment: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Retail: Yes
Storage: Yes
Other: Yes

Construction Type

Block: Yes
Concrete: Yes
Steel: Yes

Exterior Material

Brick: Yes
Concrete: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Docs at List Office

Aerial Photo: Yes

Business Includes

Equipment: Yes
Furniture: Yes
Licenses: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes

Driveway

Paved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Property Features

Property Use: Business; Investment Uses: Retail; Storage; Other Business Includes: Equipment; Furniture; Licenses Construction Type: Block; Concrete; Steel Exterior Material: Brick; Concrete 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; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo Sale Conditions: None

1485-1489 Lake Drive SE, Grand Rapids, MI 49506