for sale former restaurant lounge · 4425 14 mile road rockford, mi 49341 • 8,982 sf total main...

4425 14 MILE ROADROCKFORD, MI 49341

• 8,982 SF Total Main Floor Area • 2.4 Acres• C-2 General Business Zoning• PPN #41-06-12-451-003• Algoma Township, Kent County• AV (2014) $250,400 & TV (2014) $250,400• 2013 Property Taxes $7,896.93-Summer / $4,534.73-Winter• Building Off ering Only

$360,000

This recently remodeled restaurant is located in Algoma Township and consists of 8,982 SF plus 2,204 SF of basement storage. Building consists of brick veneer, asphalt front roof with rubberized membrane covered fl at roof. Personal property and restaurant equipment have been sold and not included in this off ering. Kent County Class C Liquor License with SDM permit is available for additional cost and can be transferred to any Kent County location, subject to MLCC approval.

* ATTENTION: Cooperating brokerage fees will only be paid to brokers who represent a client that closes on the transaction. All information provided is deemed reliable but is not guaranteed and should be independently verifi ed.

FOR SALE FORMER RESTAURANT LOUNGE

Amicus Management, Inc • 977 Ada Place Dr. SE • Grand Rapids, MI 49546 • (616) 954-2000

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Chad Razmus, [email protected]

14 Mile Road14 Mile Road

US-

131

US-

131

EXTERIOR PHOTOS

AERIAL PHOTOS

DEMOGRAPHICS

DEMOGRAPHICS

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

16

14

12

10

8

6

4

2

0

2013 Household Income

<$15K7.2%

$15K - $24K9.5%

$25K - $34K14.7%

$35K - $49K11.6%

$50K - $74K11.6%

$75K - $99K15.9%

$100K - $149K23.4%

$150K - $199K4.9%

$200K+1.2%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

90

80

70

60

50

40

30

20

10

0

DEMOGRAPHICS

DEMOGRAPHICS

AreaStateUSA

Trends 2013-2018


Annual

Rat

e (i

n p

erce

nt)

4.5

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

14

12

10

8

6

4

2

0


<$15K6.9%

$15K - $24K9.5%

$25K - $34K11.4%

$35K - $49K13.0%

$50K - $74K15.5%

$75K - $99K17.3% $100K - $149K

19.6%

$150K - $199K4.7%

$200K+2.1%



Perc

ent

90

80

70

60

50

40

30

20

10

0

DEMOGRAPHICS

DEMOGRAPHICS

AreaStateUSA

Trends 2013-2018


Annual

Rat

e (i

n p

erce

nt)

5

4.5

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

14

12

10

8

6

4

2

0


<$15K9.0%

$15K - $24K9.5%

$25K - $34K10.2%

$35K - $49K13.7%

$50K - $74K17.8%

$75K - $99K16.9%

$100K - $149K16.0%

$150K - $199K4.1%

$200K+2.7%



Perc

ent

90

80

70

60

50

40

30

20

10

0

TRAFFIC COUNTS

13

THE AMICUS PROCESS

Market Reach

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for sale former restaurant lounge · 4425 14 mile road rockford, mi 49341 • 8,982 sf total main...

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