1600 Lake Michigan Drive NW

Special Purpose for Sale
Sale Pending
Catylist Listing ID: 30666827
Status: Pending
Building Size (RSF): 7,800 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/4/2021

Overview / Comments

Prime commercial building on Lake Michigan Drive (M-45) between Standale and Allendale located on over 4 acres. Daily traffic is in access of 20,000 along this major throughway. Building is 150' x 52' wide, with 11' ceilings and 11 overhead doors and bays. This prime and desirable location affords many possible uses along M-45, storage units, restaurant, auto wash, etc. Formally the Grand Valley Auto Auction and the business can still be run as the auto dealership.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Tax ID/APN: 7010261000017
Zoning: COMMERCIAL
Property Located Between: 14th Ave & Lake Michigan Drive
Property Visibility: Excellent
Largest Nearby Street: Lake Michigan Drive
Feet of Frontage: 500
Year Built: 1980
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Wall Units
Lot Frontage: 500
Lot Depth: 400
Water Service: Well
Sewer Type: Septic
Legal Description: W 400 FT OF N 500.06 FT OF NW 1/4 OF NW 1/4, EXC M-45 R/W. SEC 26 T7N R13W

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 19,961 76,125
Median Age: 37.58 35.56
Households: 7,172 27,211

Contact

Photograph of Listing Agent

Sandi Gentry

Remax Lakeshore
CARWM Member
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