Contractor's Dream With Apartment Above

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30437777
Property Subtypes: Mixed Use
Building Size (RSF): 6,270 SF
Gross Land Area: 0.12 Acres
Sale Price: $390,000
Unit Price: $62.20 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/12/2019

Overview / Comments

City zoning code allows for contractor's establishment. Building includes 2 bedroom apartment, office, and warehouse spaces. Close proximity to downtown Grand Rapids.

Remodeled in 2019 with numerous upgrades: new LED lighting, new rubber roofs with insulation, new concrete floor in back garage, 2 new furnaces and central air conditioner units, new HVAC duct work, new drywall throughout building, 2 new garage doors, new gas/sanitary/water lines, new flooring/windows/paint, new kitchen and appliances in residential unit

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northeast Business District
Taxing Authority: Grand Rapids
Tax ID/APN: 41-14-18-459-019
Zoning: TN-TBA
Property Located Between: Located in Creston Heights with excellent visibility from College
Property Visibility: Excellent
Largest Nearby Street: College
Highway Access: 2.64 miles to I-96; 0.98 miles to US-131
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1960
Year Renovated: 2019
Roof Type: Other
Construction/Siding: Vinyl Siding
Exterior Description: New exterior paint; engineered and restructured front facade in 2019
Parking Description: Street parking

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,448 127,742 257,425
Median Age: 29.76 32.73 33.83
Households: 7,075 50,590 98,412

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