Belding Retail Office Condo Buy or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30618069
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Condo? Yes
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Sale Price: $449,000
Property Use Type: Vacant/Owner-User
Building Name: BELDING COMMONS
Usable Size (USF): 4,000 SF
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 6/25/2020

Overview / Comments

Wonderful opportunity to own and build your space for retail, office, medical, dental, and client services. Current tenants include Spectrum Health and multiple tenants. Unfinished at this time-space to be finished to ''whitewash'' level including mechanicals, restrooms, floors, walls and ceilings. Available with more finishing to buyers' needs and specifications.
A growing area of the City and County.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ionia
Submarket Type: Central Business District
Taxing Authority: BELDING CITY
Tax ID/APN: 344013000000010
Is Condo?: Yes
Zoning: COMMERCIAL OFFICE RETAIL
Retail Clientele: Family, Business, Traveler
Property Located Between: Greenville & Grand Rapids MI
Property Visibility: Good
Largest Nearby Street: M 44 of State Rd. M 37
Traffic/Vehicle Count: 3,600
Highway Access: 131, 96
Airports: Kent County Regional
Site Description: Built out mall with 4 a total of 8000 sq foot buildings
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Excellent
Year Built: 2005
Year Renovated: 2020
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Brick
Total Parking Spaces: 50
Parking Type: Surface
Parking Description: large lots connecting all locations.
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, T1/T3
Interior Description: TO BE BUILT ONE UNIT IS WHITEWASHED WITH CEILING LIGHTS AND OPEN PLAN.
Zoning Description: COMMERCIAL OFFICE RETAIN FLEX ZONING
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress, Utilities
Land Ownership: JOINT CONDO SITE
Legal Description: LONG LEGAL ON FILE.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,695 8,213 14,149
Median Age: 34.16 36.12 37.4
Households: 648 3,070 5,280

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