6266 West River Dr. - Building And 2 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30286516
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,928 SF
Gross Land Area: 2 Acres
Sale Price: $675,000
Unit Price: $113.87 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/25/2019

Overview / Comments

The property located at 6266 West River Dr NE is unique in this particular area of West River Dr. There is very little vacant land that has not been developed and this site offers an outstanding opportunity for those in need of a high traffic volume visible site. This site can be purchased in whole or in part. It is currently divided into a 5.31 and a 7.09 acre site, however, those sites can be further divided.

The building is constructed in a fashion that it allows a multitude of re-uses and is vacant and is ready for its next occupant.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $22,632 (Annual)
Assessed Value - Total($) $491,500 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Taxing Authority: Plainfield Township
Tax ID/APN: 41-10-22-326-007
Zoning: RURAL PRESERVE
Market Type: Small
Retail Clientele: General, Family
Property Located Between: Northland Dr and Jupiter Ave NE
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Fronts on West River Dr NE
Transportation: Highway
Highway Access: 2.78 Miles to US-131
Airports: Gerald R Ford International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1991
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: On Site
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,336 23,681 78,695
Median Age: 37.75 40.18 37.95
Households: 1,490 8,892 30,145

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