245-255 Colrain St SW

Office for Sale
Catylist Listing ID: 30041000
Property Subtypes: Office Building
Building Size (RSF): 17,544 SF
Gross Land Area: 1.67 Acres
Sale Price: $749,000
Unit Price: $42.69 PSF
Ceiling: 11 ft.
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2017

Overview / Comments

Affordable office space in great condition and "move-in" ready! Nice mix of private offices, conference rooms, and open area. Easy access to 131 via 28th St exit. Plenty of free parking! Access to a loading dock and additional storage is in back. Can be owner occupied opportunity.

Financials

Finance Data Year 2010
Real Estate Taxes - Annual($) $420,700 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-13-201-021
Zoning: I1
Property Located Between: 28th and 36th just off from Buchanan
Highway Access: US 131
Airports: Gerald R Ford International Airport
Site Description: PART OF NE 1/4 COM 593 FT S & 340 FT W FROM NE COR OF W 1/2 NE 1/4 TH S 187.8 FT TO A PT 115 FT N FROM N LINE OF COLRAIN ST /66 FT WIDE/ TH W 57.5 FT TH S 115 FT TO N LINE OF SD ST TH W ALONG SD N LINE 202.74 FT TO A PT 714 FT E FROM N&S 1/4 LINE TH N PAR
Area Description: DIRECTIONS: US 131 to 28th St, E to Buchanan, S to Colrain, W to property
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 17,544 SF
Year Built: 1967
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 200
Lot Depth: 300
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,247 148,845 305,097
Median Age: 30.76 31.95 33.28
Households: 6,274 53,879 115,700

Contact

Photograph of Listing Agent

Hillary Taatjes Woznick

NAI Wisinski of West Michigan CARWM Member
Photograph of Listing Agent

Chadwick J Versluis, SIOR

NAI Wisinski of West Michigan CARWM Member
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