1564 WALKER AVE NW
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30568583 |
| Property Subtypes: |
Flex Space, Office Building, General
|
| Building Size (RSF): |
1,400 SF
|
| Gross Land Area: |
0.15 Acres
|
| Sale Price: |
$184,000 |
| Unit Price: |
$131.43 PSF |
| Ceiling: |
8 ft. |
| Property Use Type: |
Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/25/2021 |
Overview / Comments
NEW ROOF RECENTLY INSTALLED! HIGH VISIBILITY OFFICE BUILDING ON WALKER AVE ADJACENT TO LEONARD STRIP MALL. BUILDING SIGNAGE ABLE TO BE SEEN FROM LEONARD AS WELL. COMES WITH ONE STALL GARAGE AND STORAGE SHED. THERE IS ALSO A BILLBOARD LEASE IN PLACE THAT HELPS COVER MOST OF THE CURRENT YEARLY PROPERTY TAXES. 480 V POWER AVAILABLE IN MAIN BUILDING FOR MACHINERY.
COMMERCIAL ZONED PROPERTY, EXCELLENT OPPORTUNITY FOR SMALL BUSINESS OFFICE OR WORKSHOP. WAS PREVIOUSLY USED AS A PRINT SHOP.
|
Financials
| Finance Data Year |
1999 |
| Real Estate Taxes - Annual($) |
$1,600 (Annual) |
Additional Details
| Nearest MSA: |
Grand Rapids-Kentwood |
| County: |
Kent |
| Submarket/Township: |
Northwest Business District |
| Taxing Authority: |
City of Grand Rapids |
| Tax ID/APN: |
41-13-23-101-003 |
| Zoning: |
TN-TBA (TRADITIONAL BUSINESS AREA) - COMMERCIAL |
| Property Visibility: |
Excellent |
| Site Description: |
LOT 894 EXCEPT W 60 FT THEREOF* PANFIL S ASSESSOR S PLAT NO 48* OF PART OF THE NW 1/4 OF THE NW 1/4 OF SECTION 23 T7N R12W |
| Area Description: |
DIRECTIONS: JUST S OF LEONARD ON WALKER. |
| Total Number of Buildings: |
3 |
| Number of Stories: |
1 |
| Year Built: |
1983 |
| Construction/Siding: |
Vinyl Siding |
| Parking Type: |
Surface |
| Heat Source: |
Ceiling Units |
| Internet Access: |
Cable |
| Interior Description: |
MAIN ENTRANCE LEADING INTO LARGEST ROOM, ONE SMALL OFFICE IN BACK, ONE LARGER BACK ROOM WITH MOP SINK, BATHROOM, SMALL STORAGE AREA BY BACK ENTRANCE |
| Zoning Description: |
TRADITIONAL NEIGHBORHOOD - TRADITIONAL BUSINESS AREA (TN-TBA) COMMERCIAL. CITY OF GRAND RAPIDS TO VERIFY SPECIFIC USES. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
LOT 894 EXCEPT W 60 FT THEREOF* PANFIL S ASSESSOR S PLAT NO 48* OF PART OF THE NW 1/4 OF THE NW 1/4 OF SECTION 23 T7N R12W |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,966 |
98,156 |
229,595 |
| Median Age: |
35.54 |
32.84 |
33.05 |
| Households: |
6,790 |
39,666 |
88,431 |
|
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