1485-1489 Lake Drive SE, Grand Rapids, MI 49506
$2,500,000.00 - Sold
- MLS#: 24058035
- Total Bldgs: 1
- Fin Bldg Lvls: 2
- Type: Retail
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 2012
- Year Remodeled:
- Below Grade:
- Exterior: Brick,Concrete
- Driveway: Paved
- Parking: 7
- Air: Central Air
- Bldg Sq Ft: 0
- Office Sq Ft: 0
- Retail Sq Ft: 0
- Warehouse Sq Ft: 0
- Other Sq Ft: 0
- Street Type: Public
- Road Frontage: 306
- Heat: Forced Air/Natural Gas
- Water: Public Water4
- Sewer: Public Sewer5
- Roofing:
- Docks: 0
- Doors: 0
- Ceiling Height: 0
Legal: LOT 18 EXCEPT N 53 FT* GILES ADDITION
- Taxable Value: 17,018
- SEV: 104,600
- For Tax Year: 2023
- Annual Property Tax: 0
- Tax Year: 2023
- Homestead %: 100
- Spec Assmt/Tyle: NA
- Zoning:
- Tax ID: 41-14-29-482-010
- Lot Size: NA
- Acreage: .15
- New Construction: No
- Construction Type: Block,Concrete,Steel
- Construction Status:
- Addtl Features:
- Uses: Retail, Storage, Other31
- Util Available: Cable,Electric,Broadband,Natural Gas,Telephone
- Util Attached: Cable Connected,Electricity Connected,Natural Gas Connected,Telephone
- Current Use: Liquor/ Party Store
- Terms: Cash, Conventional
- Original Price: 2,980,000.00
- Directions: On the right side of Lake Drive as you drive towards Downtown GR.
- Property 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.
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