24 S. Division

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30470863
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 4,610 SF
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $162.69 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2019

Overview / Comments

First time on the market, this beautiful, well maintained brick stand-alone building is for sale and situated across from Van Andel Arena and a brand new 23 unit apartment complex right in the heart of Downtown Grand Rapids. 2nd floor recently remolded and opened up for office space, or can be converted into a new apartment unit. 3rd floor is a spacious two (2) bedroom, one full bathroom apartment. 3rd floor apartment is also plumbed for a half bathroom. The apartment is built out with excellent exposure and frontage with steel-staircase for emergency exit or patio seating. Ground level is great for owner/user or can keep current tenant to generate income. This building is excellent for a live/work opportunity.

PLEASE NOTE: Subject to Buyer Pre-Qualification and verification of Buyer Funds prior to any showings.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Central Business District
Taxing Authority: Grand Rapids
Tax ID/APN: 411430301004
Zoning: TN-CC
Property Located Between: Fulton & Weston
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1920
Year Renovated: 2019
Construction/Siding: Wood Frame
Exterior Description: Brick/Stone Wood
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Package Unit
Zoning Description: TN-CC
Lot Frontage: 23
Lot Depth: 85
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,156 155,808 295,153
Median Age: 28.13 31 33.68
Households: 9,199 58,131 113,538

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
CARWM Member
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