Charles Center

Withdrawn Retail-Commercial for Sale
Catylist Listing ID: 30041427
Property Subtypes: Convenience Store, Retail-Pad, General
Building Size (RSF): 10,224 SF
Gross Land Area: 0.99 Acres
Sale Price: $899,900
Unit Price: $88.02 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Charles Center
Usable Size (USF): 10,224 SF
Sale Terms: Cash to Seller
Cap Rate: 8.6%
Average Occupancy Rate: 90
Withdrawn On: 10/15/2017
Last Updated: 10/15/2017

Overview / Comments

This quality built brick front unit is set up as a fitness/dance studio with mirrors and dance floor but can be used as retail or office with or without modification. The other three units of this building are used as insurance office, hair salon, and karate school. Located in Cutlerville south of 68th Street next door to an ice cream store, this property could serve almost any office (including medical) or retail function including a title or real estate office. Ample parking (over 60 car spaces) make this a versatile and user friendly business location. Address: 6989 Division Ave. S. Building Name: Charles Center. Signage available on front of building and Division Ave Street sign.

Results: 1

Selected: 0
Contact or FeedbackPrivate NoteSchedule showing via ShowingTime Share checked listingsPrint checked listingsSave checked listings to a collection

This quality built brick front unit is set up as a fitness/dance studio with mirrors and dance floor but can be used as retail or office with or without modification. The other three units of this building are used as insurance office, hair salon, and karate school. Located in Cutlerville south of 68th Street next door to an ice cream store, this property could serve almost any office (including medical) or retail function including a title or real estate office. Ample parking (over 60 car spaces) make this a versatile and user friendly business location. Address: 6989 Division Ave. S. Building Name: Charles Center. Signage available on front of building and Division Ave Street sign.

Results: 1

Selected: 0
Contact or FeedbackPrivate NoteSchedule showing via ShowingTime Share checked listingsPrint checked listingsSave checked listings to a collection

This quality brick front 4 unit building is currently leased with one unit available for lease or for owner occupant use. Let your tenants pay for your building and move your business into the vacant 3068ft available space. Tenants include an insurance office, hair salon and a karate school. Vacant unit was used as a fitness/dance studio and is open space usable as office, medical, or retail. Located in Cutlerville on Division next door to an ice cream store, this building has signage on building front and on street sign. Parking in front, side and rear of building allows for over 60 parking spaces. There two 24x26 garages attached to the rear of the building with overhead doors.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Other area
Taxing Authority: Byron Twp
Tax ID/APN: 41-21-12-229-012
Zoning: B-2 COMMERCIAL
Retail Clientele: General, Family, Business
Property Located Between: Morning Glory and Matt
Property Visibility: Excellent
Largest Nearby Street: 68th Street
Feet of Frontage: 190
Highway Access: 131 and 68th or 131 and 76th
Airports: Kent Co
Site Description: LL in LO.
Area Description: DIRECTIONS: W SIDE OF DIVISION, S OF 68TH BETWEEN MORNING GLORY & MATT.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,224 SF
Property Condition: Excellent
Year Built: 2005
Roof Type: Mansard
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Brick front and north side with vinyl on south and west sides
Total Parking Spaces: 61
Parking Ratio: 6 (per 1000 SF)
Parking Type: Surface
Parking Description: paved front. side and rear
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable, DSL
Interior Description: Four finished units of variable type and use
Zoning Description: B-2 commercial
Lot Frontage: 190
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Easements Description: Shared parking area with ice cream store.
Legal Description: LL in LO

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,158 60,217 157,003
Median Age: 34.06 36.26 35.6
Households: 2,917 22,651 59,989

Contact

Photograph of Listing Agent

John Williams

Morgan Realty - Grand Rapids Not a member of CARWM
© Copyright Commercial Alliance of REALTORS West Michigan. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.