Grand Rapids restaurant for sale on Michigan Street with turnkey second-generation buildout

The opportunity

Positioned along Michigan Street NE near Grand Rapids’ well-known Medical Mile, this 2,885 SF restaurant for sale offers a polished turnkey opportunity in Grand Rapids, MI. Currently operating as Taco Borracho, the property is well suited for an owner-operator or investor seeking a second-generation restaurant with an established hospitality layout already in place.

The offering combines a modern buildout, strong street presence, and practical infrastructure that can support continued restaurant use with minimal downtime.

• Asking price: $1,595,000
• Building size: 2,885 SF
• Built in 2013
• Second-generation ready restaurant space
• Existing FF&E included per brief
• Includes liquor license per brief

Location

This Grand Rapids restaurant property sits on busy Michigan Street NE, a high-visibility corridor known for its steady traffic flow and proximity to major medical, employment, and neighborhood demand drivers. The location benefits from strong frontage and convenient access in one of the city’s most active commercial stretches.

• Prominent street-front exposure
• Near the Medical Mile
• Located in Grand Rapids, MI 49503
• Rare dedicated parking for a restaurant along this corridor
• 0.38 lot per brief

Space & layout

Designed for full-service restaurant operations, the interior includes a functional dining configuration with a dedicated bar area and the flexibility for indoor/outdoor seating. The presence of a patio adds valuable guest appeal and supports a broader service format.

• Bar area
• Patio
• Indoor/outdoor seating potential
• Multiple restrooms
• Modern restaurant improvements in place

Kitchen & infrastructure

This turnkey restaurant for sale in Grand Rapids includes several of the core back-of-house components operators look for in a ready-to-use space. The existing infrastructure supports a streamlined transition for continued food and beverage service.

• Type I hood
• Grease trap
• HVAC
• Built for full restaurant use
• Second-generation kitchen setup already in place

Sale terms

For buyers seeking a restaurant for sale in Grand Rapids with existing infrastructure, parking, patio seating, and a current taco restaurant identity, this property stands out as a rare opportunity on Michigan Street.

• Price: $1,595,000
• Sale of a full restaurant property
• Existing operating concept: Taco Borracho
• Includes liquor license and FF&E per brief