REMEMBRANCE ROAD NW

Vacant Land for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 29884941
Property Subtypes: Office, Residential (Single Family), Retail, General
Status: Pending/Contingent
Gross Land Area: 5.50 - 7.69 Acres
Sale Price: $249,900
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

High Exposure Site offers 605' of frontage on Remembrance Rd NW with an easy access site off Wilson Ave (M-11) that offers 195' of frontage. Located adjacent to the recently remodeled Rylee's Ace Hardware and directly across from the Walker City Offices and the Walker Fitness Center and Ice Arena. Fronts on the newly improved and resurfaced Remembrance Rd and near the new major Round-a-Bout intersection of Remembrance & Wilson Ave constructed in 2015. Gross 7.69 Acres with an approximate net usable of 5.5 Acres. On site retention pond already in place. Zoned ORP (Office Research & Parking) for primarily office use but allows churches, schools, nursing homes, funeral homes, banks, animal clinics and some limited retail with a special use permit. Curb-cut already in place with Ingress/Egress Easement on adjacent Ace Hardware property. Property could possibly be transitioned to a PUD Zoning. Land Contract terms available with $50,000 downpayment, $1,500. per month, 5.5% Interest, 3 Year Payoff. See the Attachments & Media for Survey and Zoning Regulations or Call L.S.

Financials

Finance Data Year 2016
Assessed Value - Total($) $128,700 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 3 Mile Corridor
Taxing Authority: Walker City
Tax ID/APN: 41-13-07-401-(016 & 009)
Zoning: ORP - OFFICE, RESEARCH, PARKING - LIMITED COMMERCIAL/RETAIL
Property Located Between: Remembrance Rd and Wilson Ave
Property Visibility: Excellent
Legal Description: See Legal attached to Documents.
Largest Nearby Street: Wilson Ave (M-11)
Highway Access: M-11
Airports: GERALD R FORD INTERNATIONAL AIRPORT
Site Description: Mostly Level to Street Grade. On site Retention Pond
Area Description: DIRECTIONS: JUST E OF WILSON, ACROSS FROM WALKER CITY OFFICES COMPLEX AND ADJACENT TO RYLEE'S ACE HARDWARE TO THE NORTH.
Lot Frontage: 605' on Remembrance Rd; 195' on Wilson (M-11)
Lot Depth: 1,288' Irregular
Zoning Description: ORP - Office, Research, Parking. Possible PUD
Topography: Level
Easements: Ingress/Egress, Other
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,494 31,254 90,919
Median Age: 39.82 39.11 34.58
Households: 1,461 12,898 34,959

Contact

© 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.