Wyoming Office Building

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30668693
Property Subtypes: Governmental, Medical, Office Building, General
Building Size (RSF): 8,190 SF
Gross Land Area: 0.89 Acres
Sale Price: $745,000
Unit Price: $90.96 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 8,190 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/26/2021

Overview / Comments

Great opportunity for an owner/occupant to purchase a highly visible well located professional office building. The building is a split level building with separate entrances and parking for each level. Brick exterior and well maintained. There is tremendous signage on 44th Street. The current owner would consider a short term lease for one floor to help with any transition.

Financials

Finance Data Year 2009
Real Estate Taxes - Annual($) $281,303 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Taxing Authority: Wyoming
Tax ID/APN: 41-03-23-355-049
Zoning: OFFICE
Property Located Between: Burlingame and Clyde Park
Property Visibility: Excellent
Highway Access: Just west of US 131.
Site Description: THAT PART OF W 117.75 FT OF E 757.75 FT OF SW 1/4 SW 1/4 LYING S OF S LINE OF OAK KNOLLS PLAT NO.1 & N OF N LINE OF 44TH ST * SEC 23 T6N R12W 0.75 A.
Area Description: DIRECTIONS: N SIDE OF 44TH JUST E OF BURLINGAME.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,095 SF
Construction/Siding: Brick
Exterior Description: Brick exterior with a pitched, shingled roof.
Parking Type: Surface
Parking Description: Asphalt parking.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Interior Description: Great mix of open area and private offices. Each floor offers restrooms and a kitchenette. The building also has an elevator for a single tenant user.
Zoning Description: Office.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,878 102,079 239,898
Median Age: 36.51 33.7 33.96
Households: 5,424 38,337 88,307

Contact

Photograph of Listing Agent

Kevin Joseph Lipke

Sperry Van Ness/Silveri Company
CARWM Member
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