Specialty Real Estate
20 Monroe Avenue Northwest Grand Rapids, MI 49503
Details & Description
Price: $15,500,000
    An opportunity to acquire West Michigan’s premier entertainment venue. Situated in the booming downtown of Grand Rapids Michigan, this five-floor, 70,000 sq. ft. former warehouse houses a brewery, steakhouse, comedy club, 16 bars, six kitchens, a 5,200 sq. ft. beer garden, and event rooms.
    Listing Agents
    Frank Melchert

    O: 312-766-4281
    frank@cawleychicago.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    20 Monroe Avenue Northwest

    Grand Rapids, MI 49503

    Listing ID: 211792
    • 20 Monroe Avenue Northwest Grand Rapids, MI 49503 | for Sale | Photo 1
    • 20 Monroe Avenue Northwest Grand Rapids, MI 49503 | for Sale | Photo 2
    • 20 Monroe Avenue Northwest Grand Rapids, MI 49503 | for Sale | Photo 3
    20 Monroe Avenue Northwest | for Sale | Thumbnail 1
    20 Monroe Avenue Northwest | for Sale | Thumbnail 2
    20 Monroe Avenue Northwest | for Sale | Thumbnail 3
    Building Size: 71,037 SF
    Lot Size: 0.560 AC
    Land Size: 24,394 SF
    Building $/SF: $218.20
    Land $/SF: $635.40
    Price
    $15,500,000
    Description

    An opportunity to acquire West Michigan’s premier entertainment venue. Situated in the booming downtown of Grand Rapids Michigan, this five-floor, 70,000 sq. ft. former warehouse houses a brewery, steakhouse, comedy club, 16 bars, six kitchens, a 5,200 sq. ft. beer garden, and event rooms.

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    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Grand Rapids History of Specialty Real Estate for Sale

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    Grand Rapids Area Market Trends

    Listing Demographics for 20 Monroe Avenue Northwest Grand Rapids, MI 49503

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population16,884140,498264,507
    Population Median Age343336
    Population by Age0-9 Yrs1341 (7%)19332 (13%)35574 (13%)
    10-19 Yrs1512 (8%)18814 (13%)33298 (12%)
    20-29 Yrs5964 (35%)32592 (23%)52420 (19%)
    30-39 Yrs2807 (16%)22133 (15%)39953 (15%)
    40-49 Yrs1651 (9%)14748 (10%)28034 (10%)
    50-59 Yrs1699 (10%)14491 (10%)30158 (11%)
    60-69 Yrs1218 (7%)10510 (7%)24118 (9%)
    70+ Yrs693 (4%)7880 (5%)20953 (7%)
    Median HH Income$42,886$47,537$53,090
    Total Household Income< 24K2722 (33%)13623 (26%)22125 (22%)
    25-49K1823 (22%)13440 (26%)25504 (25%)
    50-74K1394 (17%)9995 (19%)19393 (19%)
    75-99K675 (8%)5979 (11%)13074 (13%)
    100-199K911 (11%)6870 (13%)16126 (16%)
    200K+493 (6%)1753 (3%)4149 (4%)
    Highest Education LevelNo Diploma12001428222202
    Diploma or GED17621977339977
    Some College19431772235667
    Assoc. Degree884647613779
    Bachelors Degree33691945640030
    Higher Degree1860913319801
    Total Housing Units9,22457,157107,749
    --Owner-Occupied2,13926,92260,116
    --Renter-Occupied5,87824,73740,255
    Owner-Occupied Values< 100K480892714111
    100-199K6511288030493
    200-299K42029088778
    300-399K30510133105
    400-499K553891455
    500K+2288042175
    Total Working Age Population14,729109,998209,240
    In Work Force11,12478,090145,592
    Not In Work Force3,60631,90863,648
    Workforce Employed10,24373,024137,556
    Workforce Unemployed8705,0497,907
    Civlian Workforce11,11378,073145,463
    Military Workforce1117129
    Total Households8,01751,659100,371
    Family Households2,76628,37358,315
    Non-Family Households5,25223,28642,057
    Married Couple1,81017,02239,742
    Other Family95611,35118,573
    Married w/Child5247,30916,290
    Single Male w/Child1351,7242,813
    Single Female w/Child4275,1347,816

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Kent County574,335+5602,622+11668,535+12746,921

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 20 Monroe Avenue Northwest in Grand Rapids?
    The asking price for 20 Monroe Avenue Northwest is $15,500,000
    What is the building size of this Specialty property in Grand Rapids, MI?
    The size of the building/unit at 20 Monroe Avenue Northwest in Grand Rapids is 71,037 square feet
    How much land does the Grand Rapids, MI property at 20 Monroe Avenue Northwest include?
    20 Monroe Avenue Northwest in Grand Rapids includes 0.560 acres of land
    What kind of Specialty is the propery at 20 Monroe Avenue Northwest?
    The property at 20 Monroe Avenue Northwest Grand Rapids, MI 49503 is listed as a Other Specialty Specialty property
    What is the population within 1 mile of 20 Monroe Avenue Northwest in Grand Rapids?
    The population within 1 mile of 20 Monroe Avenue Northwest Grand Rapids, MI 49503 is 16,884 people.
    Who do I contact for questions about 20 Monroe Avenue Northwest?
    You should contact the listing agent, Frank Melchert, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    MBS International Airport (MBS) 89
    South Bend Regional Airport (SBN) 93
    General Mitchell International Airport (MKE) 112
    Price
    $15,500,000
    Listing Agent
    More listings from Frank Melchert
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