Value is in the Land | Broadmoor & 36th! | Many Uses!

Industrial for Sale
Catylist Listing ID: 30634342
Property Subtypes: Free-Standing, Light Industrial, Office Showroom
Building Size (RSF): 1,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.97 Acres
Sale Price: $275,000
Unit Price: $152.78 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/19/2020

Overview / Comments

Offered for sale is 0.97 acre of commercial-light industrial property. This is a unique opportunity for business/light industrial in a high traffic commercial area. Currently used as a residence, there is a home with a 2 1/2 stall attached garage, a detached 2 1/2 stall garage, plus a storage barn. Reconfigure to meet your needs or remove and replace with another building.
- All municipal utilities are available at the street.
- This site provides easy access to the Paul B. Henry Fwy./M-6, 44th Street SE, and the Gerald R. Ford International Airport
- The Commercial-Light Industrial Zoning allows for many versatile uses such as Office, Daycare, Financial Institution, Office/Warehouse, Distribution, Recycling, Trade or Industrial Schools, Tool & Die, Utility Substations, Motor Freight Terminal, Lumberyards, Vehicle Repair and more. A stand-alone Restaurant is an option with a Special Use Permit.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Airport District
Taxing Authority: City of Kentwood
Tax ID/APN: 41-18-23-200-075
Tenancy: Single Tenant
Property Condition: Fair
Year Built: 1953
Overhead Cranes: Undisclosed
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Value is in the land.
Zoning Description: Light Industrial
Lot Frontage: 365
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PART OF SW 1/4 COM AT N 1/4 COR TH N 87D 51M 30 E ALONG N SEC LINE 7.61 FT TH S 55D 35M 30S E 55.52 FT TH S 53D 01M 47S E 129.11 FT TH S 29D 35M 26S E TO A PT 315.0 FT S FROM N SEC LINE TH W TO N&S 1/4 LINE TH N 315.0 FT TO BEG EX N 40.0 FT * SEC 23 T6N R11W 0.97 A.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,786 75,154 212,839
Median Age: 36.26 36.22 34.51
Households: 2,411 30,016 81,691


Photograph of Listing Agent

Todd A. Kamps, CCIM | SIOR

Cherette Properties, LLC CARWM Member
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