MAJOR PRICE REDUCTION! Live/Work Opportunity

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Multi-Family
Catylist Listing ID: 30569340
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending/Contingent
Building Size (RSF): 3,526 SF
Sale Price: $375,000
Unit Price: $106.35 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/20/2021

Overview / Comments

Unique retail/commercial building available to purchase with a 2-unit stand-alone residential property steps away from your commercial building. The retail building is approximately 1850 square feet with the residential units at approximately 720 square feet each. This building offers excellent exposure with traffic counts over 33,000 per day and signage available on the building. Endless types of businesses eligible to operate at this property.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Plainfield Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-05-230-004
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1925

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,664 74,520 172,850
Median Age: 37.65 36.53 35.55
Households: 4,194 29,929 68,948
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