Auto Dealership with Office Showroom

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30613519
Property Subtypes: Free-Standing Building, Mixed Use, Parking Facility, Retail-Pad, Street Retail, Vehicle Related, Other, General
Building Size (RSF): 1,328 SF
Gross Building Area: 1,200 SF
Gross Land Area: 4.95 Acres
Sale Price: $475,000
Unit Price: $357.68 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: West MI Motor Sports
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 9/25/2020

Overview / Comments

The site is currently occupied by West MI Motor Sports. There is a 1325 sq foot office/showroom with 16 camera high definition video surveillance system. The front of the lot has lots of lighting and the back lot is currently fenced in. The car lot does have a dealer's license with currently no more licenses available in the area.


Finance Data Year 2012
Real Estate Taxes - Annual($) $183,800 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Taxing Authority: City of Wyoming
Tax ID/APN: 411736476052
Zoning: FBC CE
Property Visibility: Good
Largest Nearby Street: 54th St
Site Description: LL IN LO
Area Description: DIRECTIONS: Between 56th and 60th St on West side of S Division
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1971
Year Renovated: 2016
Roof Type: Gambrel
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Office Showroom has two small offices with a small lobby in the front of the building. Towards the back of the building there is a large lounge which can be used for a variety of uses or split into a smaller office with
Zoning Description: FBC CE
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,114 88,387 196,094
Median Age: 33.69 36.09 35.13
Households: 4,810 33,546 75,440


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