1732 Michigan Street NE

Office for Sale
Catylist Listing ID: 30163378
Property Subtypes: Office Building
Building Size (RSF): 1,499 SF
Gross Building Area: See Agent
Gross Land Area: 0.37 Acres
Sale Price: $250,000
Unit Price: $166.78 PSF
Ceiling: 13 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/21/2017

Overview / Comments

Owner currently receives $4800.00 annually for lease of 10 parking spaces on month to month basis cancellable by notice either way. Spaces are minimally worth $60.00 per month, however, current owner has not pushed issue.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $4,550 (Annual)
Assessed Value - Total($) $89,200 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-28-104-048
Zoning: C-COMMERCIAL; MCN-MID CENTURY NEIGHBORHOODS
Property Located Between: Ball and Plymouth
Property Visibility: Excellent
Highway Access: 0.93 Miles to I-196
Airports: Gerald R Ford International Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,499 SF
Year Built: 1979
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: On-Site
Total Parking Spaces: 18
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,300 132,598 267,377
Median Age: 32.49 31.84 33.23
Households: 6,100 49,647 102,200

Contact

Photograph of Listing Agent

James Badaluco, SIOR

NAI Wisinski of West Michigan
CARWM Member
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