1432 SF Retail Space for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30499323
Property Subtypes: Street Retail
Building Size (RSF): 1,432 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $350,000
Unit Price: $244.41 PSF
Property Use Type: Investment, Business
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Redevelopment opportunity at the corner of Leonard St NW and Elizabeth. Join the growing West Side and within a block of Long Road Distillers and The Mitten Brewing Company. Currently occupied as A-1 Small Engine Repair and sale includes two parcels. Building has potential to be redeveloped and recreate its retro charm or leverage the value of the land for a complete redevelopment for investors or owners/Users. Easy access to highways and the central business district. Business is relocating, do not approach employees.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northwest Business District
Tax ID/APN: 411324127001, 411324127002
Tenancy: Single Tenant
Year Built: 1990

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,712 122,666 250,746
Median Age: 28.7 32.53 33.64
Households: 7,774 48,496 96,186
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