1516 Grandville Ave SW

Retail-Commercial for Sale
Catylist Listing ID: 30086572
Property Subtypes: Street Retail, General
Building Size (RSF): 4,437 SF
Gross Land Area: 0.16 Acres
Sale Price: $195,000
Unit Price: $43.95 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2017

Overview / Comments

This property has 3 leased suites. A retail store, restaurant and a barber shop. on 0.16 Acres. Great opportunity for some income producing property.; LL in LO. 58` x 125` x 58 `x 116`; 58` x 125` x 58 `x 116`

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $1,943 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: S 131 Corridor
Tax ID/APN: 41-17-01-157-003
Zoning: COMMERCIAL
Feet of Frontage: 58
Area Description: 1 1/2 miles south of Founders Brewery in downtown Grand Rapids. DIRECTIONS: Off of highway 131 South Exit 83A turn left on Hall then left onto Grandville Ave Property is .3 miles south on the Left.
Tenancy: Multiple Tenants
Year Built: 1920

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,145 144,447 309,879
Median Age: 25.07 30.61 33.51
Households: 5,631 53,750 118,786
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