Grand Rapids Convenience Store

Retail-Commercial for Sale
Catylist Listing ID: 30290343
Property Subtypes: Convenience Store, General
Building Size (RSF): 1,800 SF
Gross Land Area: 0.04 Acres
Sale Price: $299,000
Unit Price: $166.11 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2018

Overview / Comments

Successful convenience store, has been operated by the same owner for the last 24 years. Fantastic location without any competition. Building used to have beer and wine license and ice cream shop with a street side window. Has a current food establishment license.

Financials

Finance Data Year 2007
Real Estate Taxes - Annual($) $15,140 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: East Grand Rapids
Tax ID/APN: 41-18-05-126-003
Zoning: C-1
Retail Clientele: General
Property Visibility: Good
Largest Nearby Street: Kalamazoo and Hall
Site Description: PART OF LOT 1 BLK 12 COM AT THE INTERSECTION OF SE LY LINE SD LOT & NE LY LINE OF KALAMAZOO AVE TH LY ALONG SD SE LY LOT LINE 60.25 FT TH NW LY PAR NE LY LINE OF KALAMAZOO AVE 30 FT THE SW LY TO NE LY.
Area Description: DIRECTIONS: BURTON E TO KALAMAZOO, N TO PROPERTY.
Tenancy: Single Tenant
Year Built: 1948
Construction/Siding: Brick
Parking Type: Other
Parking Description: Street Parking

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 28,004 156,237 298,545
Median Age: 29.71 31.2 33.36
Households: 9,842 57,309 115,053

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