Commercial Building and Lots

Retail-Commercial for Sale
Catylist Listing ID: 30750517
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related
Building Size (RSF): 1,448 SF
Gross Land Area: 1.09 Acres
Sale Price: $449,500
Unit Price: $310.43 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: Wagon Wheel Restaurant
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 9/2/2021

Overview / Comments

Property consists of 4 lots and a building on over 1 acre of land. Multiple B-2 zone district uses. Location is ideal. Located just east of U.S. 131 between 76th and 84th Street. Low vacancy rate in this district brings about many business possibilities. Restaurant is on 1 lot.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,765 (Annual)
Assessed Value - Total($) $107,900 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Taxing Authority: Byron Twp
Tax ID/APN: 41-21-13-227-020
Zoning: B-2
Retail Clientele: General, Business
Property Located Between: Larry street and 77th
Property Visibility: Excellent
Largest Nearby Street: 76th and Division
Feet of Frontage: 240
Highway Access: 76th and 84th Street.
Site Description: Located in a high traffic street with very low vavancy. On Division avenue between 76th and 84th in Byron township.
Area Description: Byron Township. Retail, Commercial, Industrial area. close to US131. High traffic.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,448 SF
Property Condition: Average
Year Built: 1940
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block building
Parking Type: Surface
Parking Description: Parking around building and on lots
Sprinklers: Other
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Interior Description: Restaurant equipment
Zoning Description: B-2 Commercial
Lot Frontage: 240
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots 16-20 Incl* Adringa Plat

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,157 50,429 132,695
Median Age: 35.18 36.41 35.7
Households: 1,031 18,828 50,577

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