RARE BUILDING FOR SALE IN CASCADE

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30732487
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
Building Size (RSF): 1,261 SF
Gross Land Area: 0.31 SF
Sale Price: $391,000
Unit Price: $310.07 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,261 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2021

Overview / Comments

Orange Avenue in Cascade gets much of its charm from a new row of homes and one of the neighborhood's newer residential communities. At the base includes Cascade Christian Church and this gem of a property. Formerly a medical clinic and currently a decor and gifts boutique inspired by the owner's Chicago-based background, My Sweet Peony. The fully wide-plank ship-lap walled space includes a large open room currently used as an art workshop and includes floor-to-ceiling built-in cabinets/closets by Closet Concepts with pull-out drawers installed in 2019.

Some property details:
- 2006 roof and 2019 concrete surface parking lot (7 spaces, 1 dumpster bump-out)
- 2016 mechanicals (HVAC including ductwork, central air system), plumbing, & electrical and panel upgrades; 2016 water heater
- Irrigation system (2017) with updated lawn and landscaping – perfect for entertaining
- 12x20 reworked shed with new doors
- Charming custom tile porch which extends the full length of the building
- ADA restroom
- Kitchenette & pantry cabinetry installed by Closet Concepts; solid wood countertop
- Many solid wood built-in shelving will remain
- Newer luxury vinyl plank flooring throughout first floor
- Aryers Basement Systems sealed crawl spaces; installed drain tile and sump pump (2018) offering ample & well-lit storage space
- Average monthly utility expenses: Gas $85, electric $125, and water/sewer $80

The seller is including a fresh coat of paint in the buyer's color choice!

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: East 21/96
Taxing Authority: Cascade Township
Tax ID/APN: 41-19-09-451-018
Zoning: COMMERCIAL IMPROVED
Property Located Between: Thornapple and 28th Street
Largest Nearby Street: Cascade Road
Area Description: Walkable downtown Cascade intersects and Old 28th Street, Cascade Road, and Orange Avenue. Building sits on the edge of the shopping center near both freestanding retail and housing.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,261 SF
Property Condition: Good
Year Built: 1955
Year Renovated: 2015
Roof Type: Arched
Construction/Siding: Wood Siding
Exterior Description: A fresh coat of paint in the buyer's color will be paid for by the seller!
Total Parking Spaces: 7
Parking Description: New poured concrete surface parking lot!
Heat Type: Natural Gas
Heat Source: Central
Interior Description: Fully custom ship-lap walls and built-ins. Must-see!
Zoning Description: Commercial Improved 201
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PART SE 1/4 COM 226.5 FT NELY ALONG NWLY LINE OF ORANGE AVE FROM CL OF CASCADE RD TH NELY ALONG SD NWLY LINE 125 FT TH NWLY PAR WITH SD CL 107.5 FT TH SWLY PAR WITH SD NWLY LINE 125 FT TH SELY 107.5 FT TO BEG * SEC 9 T6N R10W 0.31 A.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,716 27,084 64,632
Median Age: 44.28 40.62 38.57
Households: 1,860 10,032 24,591
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