Flexible Office/Commercial Building, 3 Suites, Expansion ready!

Office for Sale
Catylist Listing ID: 30568936
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 2,993 SF
Gross Land Area: 2.14 Acres
Sale Price: $395,000
Unit Price: $131.97 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/30/2020

Overview / Comments

Flexible Office/Commercial building in a rapidly growing area! Built in 2009, the building currently has three suites. Two are occupied; one by a retail store and one is an office. The large suite was once a bakery and has a large commercial oven and sink basin in the kitchen area. Possible use for fast food, bakery, or sandwich shop. All suites have a kitchenette, bathroom, and mechanical rooms.
Building sits on 2.14 acres and was built for two additional expansion phases to equal 10,656 sq.ft.! Utility infrastructure for the expansion is preinstalled. Plenty of parking. Easy access from Grand Rapids, Holland, Zeeland, Hudsonville, & Kalamazoo!
Great owner / user investment opportunity!

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Allegan
Taxing Authority: Allegan County
Tax ID/APN: 031902300100
Zoning: COMMERCIAL
Property Located Between: 26th St. & 27th St.
Property Visibility: Excellent
Highway Access: 6.5 miles west of US 131 - Dorr Exit 8 miles south of M6 - 8th St. Exit
Airports: Grand Rapids (GRR) 22 miles
Site Description: Site prepped for building expansion. Two approved phases- 1,809 sq.ft & 5,854 sq.ft.
Area Description: Growing commercial/industrial area in Salem Township. Just West of Dorr and just East of Burnips. Sandy Pines is 2 miles south.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,993 SF
Year Built: 2009
Roof Type: Flat
Construction/Siding: Block, Vinyl Siding
Exterior Description: Architectural Block, Vinyl Siding, Glass
Parking Type: Surface
Parking Description: Asphalt. Ample parking with handicap access.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Fiber Optic
Interior Description: Three suites. See layout.
Zoning Description: Commercial
Lot Frontage: 202'
Lot Depth: 497' & 424'
Water Service: Well
Sewer Type: Septic
Easements Description: Water well is shared with a neighboring property.
Land Ownership: Owned
Legal Description: COM NE 1/4 COR TH W 234.81' TO POB TH S 497.27' TH N 69 DEG 47'44" W 215.01' TH N 424.59' TH E 202.35' TO POB SEC 23 T4N R13W (2016).

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,101 2,101 13,522
Median Age: 36.06 36.06 36.17
Households: 731 731 4,497

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