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: 9/17/2018

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


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
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

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Photograph of Listing Agent

Mary Anne Wisinski-Rosely, SIOR, CCIM

NAI Wisinski of West Michigan CARWM Member
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