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$2,500,000

  • Sold
  • Closed
  • Retail
  • 3,773 Sq. Ft.
  • 7 Parking Spaces
See This Home
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Smitty's Specialty Beverage, a beloved fixture in Eastown Grand Rapids, an exceptional opportunity for both business and lifestyle. This iconic liquor store is known for its charm and loyal customer base for 43 years, featuring a wide selection of specialty beverages. Included with the sale is a valuable liquor license, adding significant business potential. The property also boasts a spacious upstairs apartment, providing convenient living quarters or potential rental income. Smitty's is more than just a store - it's a piece of the neighborhood, blending tradition with opportunity in one of the city's most vibrant areas.

Full Property Details for 1485-1489 Lake Dr SE

General

  • Sold For: $2,500,000
  • Taxes: $10,201
  • Status: Closed
  • Type: Retail
  • Source: SWMRIC_MLS
  • MLS ID: 24058035
  • Added to Site: 255 day(s) ago

Business

  • Business Type: Other, Storage, Retail

Interior

  • Interior Features: Broadband

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Parking

  • Total Spaces: 7

Location

  • Area: Grand Rapids - G
  • County: Kent
  • Cross Streets: Wealthy St and Hampton Ave
  • Driving Directions: On the right side of Lake Drive as you drive towards Downtown GR.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Cable Available: Yes
  • Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Concrete, Brick
  • Square Feet: 3,773
  • Year Built: 2012

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534

Financial Considerations

  • Tax Amount: $10,201.3
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 18 EXCEPT N 53 FT* GILES ADDITION
  • Property ID: 41-14-29-482-010

Listed and Sold by Keller Williams GR North, Diane Griffin

Listing agent

— 1485-1489 Lake Dr SE —

  • Diane Griffin

    Keller Williams GR North

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 1485-1489 Lake Dr SE

Date
Details
Price
Change
Source
4/13/2026
Sold
$2,500,000
8.79%
MLS
10/07/2025
Price Reduced
$2,298,000
-14.25%
MLS
9/09/2025
Price Reduced
$2,680,000
-10.07%
MLS
11/06/2024
Listed
$2,980,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Keller Williams GR North, Diane Griffin

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1485-1489 Lake Drive SE, Grand Rapids, MI 49506 (MLS# 24058035) is a Retail property that was sold at $2,500,000 on April 13, 2026. Want to learn more about 1485-1489 Lake Drive SE? Do you have questions about finding other Retail real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.