Professional Office Building For Sale!

Office for Sale
Catylist Listing ID: 30654509
Property Subtypes: Office Building
Building Size (RSF): 31,008 SF
Gross Land Area: 3 Acres
Sale Price: $2,650,000
Unit Price: $85.46 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

For Sale! Multi-tenant professional office building in Cascade. 70% occupied with up to 9,179 SF available for an owner/occupant. Building sits on 2.99 acres at the corner of 28th and Lucerne. Conveniently located less than five minutes from I-96. Ample on-site parking in front and rear of building. Monument and pylon signage in place.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Southeast
Taxing Authority: Cascade Township & Ada/Cascade
Tax ID/APN: 41-19-17-202-001
Zoning: PUD
Property Located Between: Kraft and Cascade Road
Highway Access: I-96
Airports: Gerald R Ford International Airport
Site Description: Call listing agent
Area Description: E on 28th St to property.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1980
Construction/Siding: Brick
Parking Ratio: 3.2 (per 1000 SF)
Parking Type: Surface
Parking Description: On-Site
Total Parking Spaces: 100
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,716 35,616 91,604
Median Age: 44.28 38.52 38.49
Households: 1,860 13,603 35,254


Photograph of Listing Agent

Mary Anne Wisinski-Rosely, SIOR, CCIM

NAI Wisinski of West Michigan CARWM Member
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