Historic Downtown Newaygo

Retail-Commercial for Sale
Catylist Listing ID: 30203919
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,400 SF
Gross Land Area: 0.28 Acres
Sale Price: $275,000
Unit Price: $114.58 PSF
Ceiling: 16 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/10/2018

Overview / Comments

Great setting on Gateway to North Country on M-37 (State Road). Prime corner location with double lot. High traffic counts.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Newaygo
Submarket Type: Historic District
Taxing Authority: City of Newaygo
Tax ID/APN: 62-18-24-282-001
Zoning: B1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: M37
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 1980
Year Renovated: 2004
Construction/Siding: Brick, Wood Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,204 4,503 8,794
Median Age: 29.52 39.74 40.41
Households: 443 1,764 3,271


Photograph of Listing Agent

Kurt Kunst, CCIM, SIOR

NAI Wisinski of West Michigan CARWM Member
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