1240 Chicago Dr

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30224506
Property Subtypes: Medical, Mixed Use, Flex Space, Office Building, General
Building Size (RSF): 3,906 SF
Gross Land Area: 1.68 Acres
Sale Price: $385,000
Unit Price: $98.57 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 3,906 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2018

Overview / Comments

Former Adventure Credit Union Bank Branch. Located on the SW corner of Chicago Dr and 12th Ave in Georgetown Township. 34 Parking spaces on-site. 1.680 acre site allowing for room to expand current building or parking.

Current zoning allows for a variety of different uses.

Note: There is a $14,000 assessment for Sewer Hookup which began in 2017 and will run for 10 years

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $9,006 (Annual)
Assessed Value - Total($) $197,300 (Annual)

Additional Details

Nearest MSA: Holland-Grand Haven
County: Ottawa
Submarket/Township: Other area
Taxing Authority: Georgetown Township
Tax ID/APN: 70-14-23-100-066
Zoning: HS - HIGHWAY SERVICE COMMERCIAL
Property Located Between: Chicago Dr and Port Sheldon St and
Property Visibility: Excellent
Highway Access: 1.70 Miles to I-196
Airports: Gerald R Ford International Airport
Site Description: PART OF NW 1/4 COM N 0D 04M 20S E 564.6 FT FROM CEN 1/4 COR, TH S 89D 56M 20S W 234.63 FT, N 0D 04M 20S E 357.53 FT TO S'LY LI OF CHICAGO DR (M-21), TH N 63D 49M 05S E ALG SD LI TO N&S 1/4 LI, TH S 0D 04M 20S W TO BEG. SEC 23 T6N R13W
Area Description: DIRECTIONS: Corner of 12th Ave and Chicago Dr.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1973
Year Renovated: 1985
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Brick and Glass
Parking Type: Surface
Parking Description: On-Site
Total Parking Spaces: 34
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,134 45,733 111,408
Median Age: 39.42 37.75 35.39
Households: 2,364 17,252 40,683

Contact

Photograph of Listing Agent

Mary Anne Wisinski-Rosely, SIOR, CCIM

NAI Wisinski of West Michigan CARWM Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.