760 Butterworth St SW - Restaurant FOR SALE


Grand Rapids, MI 49504- SWAN
$1,750,000 USD
616-443-4821
760 Butterworth St SW, Grand Rapids, MI for Sale
$1,750,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

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760 Butterworth St SW
Grand Rapids, MI 49504
SWAN


OVERVIEW

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 TN-TBA zoning, this is a prime target for developers eyeing multi-family conversions or boutique mixed-use projects in a premier urban setting. Maximize your portfolio with this versatile, income-producing development opportunity. The Tip Top Bar is also available without the other two parcels for $1,475,000.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

Butterworth St and Straight Ave

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

TN-TBA

APN/PARCEL ID

41-13-25-351-001,41-13-25-351-008,41-13-25-351-009

ASK ABOUT THIS PROPERTY

Giuseppe LupisGreenridge Realty - East Grand RapidsMore Info
616-443-4821

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Giuseppe LupisGreenridge Realty - East Grand RapidsMore Info
616-443-4821

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.