REDEVELOPMENT OPPORTUNITY ON HIGH-TRAFFIC INTERSECTION LEONARD ST. NE AT PLAINFIELD AVE. NE

1209 - 1219 Plainfield Ave NE Plainfield Avenue Northeast Grand Rapids 49505

1209 - 1219 Plainfield Ave NE Plainfield Avenue Northeast , Grand Rapids, 49505
1209 - 1219 Plainfield Ave NE Plainfield Avenue Northeast , Grand Rapids, 49505 1209 - 1219 Plainfield Ave NE Plainfield Avenue Northeast , Grand Rapids, 49505 1209 - 1219 Plainfield Ave NE Plainfield Avenue Northeast , Grand Rapids, 49505
FOR SALE
Property Type:
Restaurant
Amount:
$1,190,000
Cap Rate:
0.00%
Last Verified:
Sep 11, 2025

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REDEVELOPMENT OPPORTUNITY ON HIGH-TRAFFIC INTERSECTION LEONARD ST. NE AT PLAINFIELD AVE. NE Prime redevelopment opportunity at the high-profile intersection of 1209 and 1219 Plainfield Avenue NE in Grand Rapids, Michigan. Together, the two contiguous parcels comprise approximately 0.44 acres and benefit from exceptional visibility at a signalized intersection with heavy daily traffic. Currently home to the well-known Choo Choo Grill and an adjacent retail building, the site sits within the TNTBA (Traditional Neighborhood, Traditional Business Area) zoning district, which provides flexibility for a wide range of redevelopment or adaptive reuse options. The Plainfield Avenue corridor is undergoing a major transformation, with new mixed-use projects introducing residential density and fresh retail concepts that are reshaping the area into a vibrant live-work-play environment. This property is strategically positioned to capture that momentum, offering investors the chance to be part of one of Grand Rapids’ most dynamic growth corridors. Investment Highlights • High-Visibility Location: Corner site at a signalized intersection with strong traffic counts and excellent accessibility. • Redevelopment Flexibility: TNTBA zoning supports a variety of retail, office, mixed-use, or adaptive reuse concepts. • Growth Market: Surrounded by ongoing development and revitalization, increasing demand and long-term value. This is a rare opportunity to acquire a prominent site with strong fundamentals, compelling upside, and significant potential for redevelopment in one of Grand Rapids’ most desirable trade areas.

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Map of 1209 - 1219 Plainfield Ave NE Plainfield Avenue Northeast , Grand Rapids, 49505

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.