Bridge Street Development Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30258259
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, General
Building Size (RSF): 3,600 SF
Sale Price: $599,000
Unit Price: $166.39 PSF
Ceiling: 12 ft.
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2019

Overview / Comments

This two-story building is in a premium location. It is in the heart of the Bridge Street Corridor. The redevelopment opportunities are excellent. This property cn be purchased on its own or combined with 642 Bridge Street.

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Northwest Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-25-103-002
Zoning: COMM
Property Located Between: Lexington & Gold
Property Visibility: Excellent
Feet of Frontage: 30
Site Description: E 30' of Lot 63 & N 20' E 30' of Lot 61/Gold St, Blk Scribners Addn.
Area Description: DIRECTIONS: 131-BRIDGE ST W TO PROPERTY ON L SIDE OF ST.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Roof Type: Flat
Construction/Siding: Brick
Lot Frontage: 30
Lot Depth: 85
Water Service: Municipal
Sewer Type: Municipal
Legal Description: E 30' of Lot 63 & N 20' E 30' of Lot 61/Gold St, Blk Scribners Addn.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,144 143,301 269,652
Median Age: 28.14 31.16 33.35
Households: 7,978 54,197 103,660

Contact

Photograph of Listing Agent

Scott A. Jacobs

Blu House Properties
CARWM Member
Photograph of Listing Agent

Ryan Ogle

Blu House Properties
CARWM Member
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