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: $195,000
Unit Price: $139.29 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/13/2020

Overview / Comments

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

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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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