866 & 890 3 Mile Rd

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30769243
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 13,704 SF
Gross Building Area: 14,340 SF
Gross Land Area: 1.81 Acres
Sale Price: $899,000
Unit Price: $65.60 PSF
Property Use Type: Investment
Class of Space: Class B
Core Factor: 15%
Sale Terms: Cash to Seller
Cap Rate: 8.28%
Last Updated: 1/22/2022

Overview / Comments

Building is conveniently located near I-96 and less than a minute from 131.

Entry to the building was recently renovated.

Local responsive ownership

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Alpine Corridor
Taxing Authority: City of Walker
Tax ID/APN: 41-13-11-228-044/5
Property Visibility: Excellent
Highway Access: Excellent. Direct access to I-96
Total Number of Buildings: 2
Number of Stories: 2
Construction/Siding: Wood Siding
Parking Type: Surface
Passenger Elevators: 1
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,981 84,320 189,580
Median Age: 33.9 34.73 34.56
Households: 2,607 33,697 75,436


Photograph of Listing Agent

Jason Webb SIOR CCIM

Cushman & Wakefield CARWM Member
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