6390 28th Street SE Grand Rapids, MI

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30589763
Property Subtypes: Convenience Store, Day Care Facility, Garden Center
Status: Pending
Building Size (RSF): 2,135 SF
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $351.29 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

This property has been well maintained and offers excellent exposure along 28th St. SE. Surrounding tenants include D&W Fresh Market, Culver's, Subway, Goldfish Swim School, Chase Bank and many more. Within a 3 mile radius the average household income is $113,000 and over 26,000 cars driving by the property each day. Lot size is 1.34 acres, with over 220 feet of frontage along 28th St. SE. Exceptional redevelopment opportunity as well.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Southeast
Tax ID/APN: 411917229004
Zoning: COMMERCIAL
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,716 28,606 83,821
Median Age: 44.28 40.69 38.49
Households: 1,860 10,751 32,179

Contact

Photograph of Listing Agent

Christopher Prins

Colliers International CARWM Member
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