Max's South Seas Hideaway - 58 Ionia Ave SW - Grand Rapids, MI
58 Ionia Ave SW Grand Rapids, MI 49503

Overview
Advantage Commercial Real Estate is pleased to present the sale of 58 Ionia Avenue SW, a single tenant, 12,888 SF, NNN leased, retail property in the heart of downtown Grand Rapids. The property is home to Max’s South Seas Hideaway, one of the cities most well known bar’s, and its only tiki themed bar.
Max’s South Seas Hideaway is an immersive two-story tiki-themed restaurant and bar located in downtown Grand Rapids, designed and built with extensive custom craftsmanship by renowned tiki artisans to create a one-of-a-kind tropical escape. The space reflects significant investment and attention to detail, from elaborate décor to unique food and cocktail experiences, establishing it as both a destination and a local favorite.
For Sale
Secondary Uses: Restaurant, Free Standing, Street Retail
- Sale Price
- $3,660,000
- Price Per SF
- $284/SF
- Cap Rate
- 7.5%
- Building Size
- 12,888 SF
- Acres
- 0.1147 ac
- Zoning
- CC
- Zoning Description
- City Center
- Net Operating Income
- $274,545
- Tenant
- Max's South Seas Hideaway
- Building Name
- Waldron Building
- Number of Buildings
- 1
- Floors
- 3
- Year Renovated
- 2019
- Construction Siding
- Brick
- Construction Type
- Masonry
- Submarket
- Central Business District
- Nearest MSA
- Grand Rapids-Kentwood
- Property Status
- Existing
- County
- Kent
- Created
- 2025-08-22
- Updated
- 2025-10-06
- Listing ID
- 33977f8a
- Parcel APN
- 411325435004











