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Former Arby’s 4584 Chicago Dr SW 2,811 SF Retail Building Grandville, MI 49418 $1,092,417 CAD ($388.62 CAD/SF)

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Investment Highlights

  • Former Arby’s | 19K VPD | Grand Rapids MSA
  • ±19K VPD Traffic and Excellent Visibility and Frontage on Chicago Drive SW | I-196 Adjacent (±70K VPD)
  • Affluent Demographics with 5-Mile Population of ±141,986 and Annual Household Income of ±$100,090
  • Freestanding Former Arby’s and Drive-Thru available at Significant Discount Below Replacement Cost
  • Nearby National Retailers: Meijer, Target, Costco, ALDI, Walmart, Starbucks, Culver’s, Chipotle, and more
  • Zoned C-3, Commercial Highway District with a Variety of Commercial Uses

Executive Summary

For Sale or Lease - Prime Investment opportunity. Excellent visibility for a restaurant that is looking for a drive-thru equipped site.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,811 SF
Building Class
C
Year Built
1982
Price
$1,092,417 CAD
Price Per SF
$388.62 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.56 AC
Zoning
C-3 - Commercial Highway District with a Variety of Commercial Uses
Parking
38 Spaces (13.52 Spaces per 1,000 SF Leased)
Frontage
153’ on Chicago Dr

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,811 SF
  • Retail
  • Outparcel
  • Now

This was an old Arbys that is available for both sale and lease. Rental rate is dependent/negotiable based on build out required for the tenant and the service type is also negotiable.

Space Size Space Use Position Available
1st Floor 2,811 SF Retail Outparcel Now

1st Floor

Size
2,811 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 2,811 SF
Space Use Retail
Position Outparcel
Available Now

This was an old Arbys that is available for both sale and lease. Rental rate is dependent/negotiable based on build out required for the tenant and the service type is also negotiable.

Nearby Major Retailers

Brann's Steakhouse & Grille
Russ' Restaurants
Foxtail Coffee Co.
Chase Bank
WW
Starbucks
Meijer
Huntington Bank
Fifth Third Bank
Macatawa Bank

Property Taxes

Property Taxes

Parcel Number
41-17-18-327-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$389,934 CAD
  • Listing ID: 35480712

  • Date on Market: 2025-01-26

  • Last Updated:

  • Address: 4584 Chicago Dr SW, Grandville, MI 49418

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