Building with Apartment On Main Street Cedar Springs

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30663180
Property Subtypes: Mixed Use
Status: Pending
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Gross Land Area: 0.07 Acres
Sale Price: $220,000
Unit Price: $61.11 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/9/2021

Overview / Comments

Located at the north end of town, across the street from the popular Cedar Springs Brewing Company, close to the Cedar Springs Library, area parks, and the White Pine Trail. 1800 sq. ft. on the main street level. A 1 stall Garage. The upper level has 1800 sq. ft .of living space. 2 addresses: Main Level is 86 Main St NE, Upper level is 88 Main St NE.
Cedar Springs is a growing City with many new business in the area.
Land Contract Terms Available: $105,000 Down at 6%, Payments $1,500 Monthly, and a Balloon Balance of $144,000 at 5 Years.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Taxing Authority: City of Cedar Springs
Tax ID/APN: 41-03-30-308-002
Zoning: COMMERCIAL
Retail Clientele: General
Property Located Between: Maple and Elm
Property Visibility: Excellent
Largest Nearby Street: Main Street/ Northland Dr/ Federal Rd
Highway Access: 131 expressway
Site Description: Located at the north end of town, across the street from the popular Cedar Springs Brewing Company, close to the Cedar Springs Library, area parks, and the White Pine Trail. 1800 sq. ft. on the main street level. A 1 stall Garage. The upper level has 1800 sq. ft .of living space.
Area Description: Cedar Springs is a growing City with many new business in the area. The building is located at the north end of town, across the street from the popular Cedar Springs Brewing Company, close to the Cedar Springs Library, area parks, and the White Pine Trail.
Tenancy: Single Tenant
Number of Stories: 2
Year Built: 1900
Construction/Siding: Brick
Parking Description: Street
Heat Type: Natural Gas
Internet Access: Cable
Zoning Description: Commercial
Lot Frontage: 22
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Of Record
Legal Description: LL LO

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,249 10,262 25,759
Median Age: 31.92 34.76 36.3
Households: 757 3,642 8,986

Contact

Photograph of Listing Agent

Leon C Stout

Stout Group Ltd. Not a member of CARWM
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