1.25 Acre retail / restaurant pad on 60th Street

Vacant Land for Sale
Catylist Listing ID: 30655769
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Other
Gross Land Area: 1.25 Acres
Sale Price: $475,000
Unit Price: $380,000 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

Excellent retail or restaurant pad on 60th Street in between AutoZone and Rite-Aid. This 1.25 acre parcel is located near the busy Kalamazoo intersection, which has vehicle traffic of 28,896 per day. Utilities are on site making this parcel development ready! Shared cross access agreement from neighboring parcels. Several residential developments nearby.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Tax ID/APN: 41-18-32-476-038
Zoning: COMMERCIAL
Property Visibility: Good
Largest Nearby Street: Kalamazoo Ave SE
Highway Access: Paul B. Henry Fwy, US-131, I-96
Airports: Gerald R. Ford International Airport
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,585 78,607 172,876
Median Age: 33.93 34.92 35.19
Households: 3,862 30,262 67,334

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