15 Ionia Avenue SW #130, Grand Rapids, MI 49503 (MLS # 23144062)

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PRICE $300,000 dsIDX morgage calculator
SIZE 6,870 sqft
LOT SIZE 13,504 sqft

Great upscale dining opportunity to enter the GR's eatery/entertainment district near VanAndel Arena, Grand Rapids Brewery, and Hop Cat. Divani has been a leading restaurant & event facility in the heart of Downtown Grand Rapids since its inception in 2002. Our prime location at 15 Ionia Ave SW provides constant foot traffic full of local residents and tourists alike. We have a well-established reputation for providing unique dining experiences through our passion for innovation, and engagement with our guests which builds meaningful relationships. This culture is the foundation that nourishes our abundant loyal customer base. The current owner desires to ensure Divani's continued success & ability to flourish therefore is happy to provide reasonable transition assistance. Property Details: Leased: Landlords - FW Shoring, LLC Property Management - PURE Real Estate Management Total Square Footage: 6870 Main Floor - Restaurant: 2395 sf with 13' ceilings Event Space: 2487 sf with 13' ceilings Lower Level - Kitchen, Of ice & Storage: 1988 sf Fire Code/Seating Capacities: Restaurant 145/120 Event Space 170/ 120 Expansion and Growth Opportunites: Corporate and private catering, expanding restaurant hours of operation, Sunday brunch, guest loyalty program, retail wine sales/club program, hosting ticketed wine or cocktail dinners. A new owner with a passion for welcoming guests as family in their home will continue to prosper! Highlights include: -Fully equipped,turn-key restaurant & event facility -Well established & profitable casual fine dining restaurant & event facility with an intimate atmosphere -Eleven employees -Loyal customer base in both the restaurant & event space -Numerous awards & accolades: OpenTable Diner's Choice Awards, Wine Spectator's Award of Excellence, Tripadvisor, Grand Rapids Magazine, Revue Magazine, and more... -Email list of 3.6kwith a 40-45% open rate -Social Media following over 9.7k

DAYS ON MARKET 148 LAST UPDATED 12/6/2023
YEAR BUILT 1886 COMMUNITY Grand Rapids - G
COUNTY Kent STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Grand Rapids - G
BASEMENT Yes
BUYER'S BROKERAGE COMPENSATION 3.00
CONSTRUCTION Brick
FIREPLACE Yes
LOT 0.31 acre(s)
LOT DIMENSIONS 35X100
SEWER Public Sewer
TAXES 1
UTILITIES Natural Gas Available, Phone Available, Cable Available, Phone Connected, Natural Gas Connected
WATER Public
ZONING Commercial
MORTGAGE CALCULATOR
   

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Listing provided by Keller Williams GR East, Jason R Carpenter

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Updated 4/27/24 6:16 AM PDT

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