2757 Ridgemoor Dr SE

Retail-Commercial for Sale
Catylist Listing ID: 30351847
Property Subtypes: Street Retail
Building Size (RSF): 4,800 SF
Gross Land Area: 0.50 Acres
Sale Price: $375,000
Unit Price: $78.13 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2019

Overview / Comments

Open and spacious floor plan, divided between two stories. This opportunity comes with ample parking and two curb cuts. Excellent visibility on Ridgemoor Drive with both building and pylon signage at the hard corner of 28th & Ridgemoor. Busy retail corridor with 35,000+ vehicles per day on 28th Street. This building is available for both lease and purchase with the Landlord ready to work with qualified Tenant's on potential build out.

Financials

Finance Data Year 2012
Real Estate Taxes - Annual($) $7,706 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Southeast
Taxing Authority: City of Kentwood
Tax ID/APN: 41-18-10-462-019
Zoning: C-2
Property Located Between: East Beltline & Woodmeadow Dr
Largest Nearby Street: 28th Street/M-11
Feet of Frontage: 140
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1988
Year Renovated: 2018
Construction/Siding: Concrete, Wood Frame
Exterior Description: Concrete/Wood
Parking Type: Surface
Parking Description: Ample
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PART SE 1/4 COM 364.56 FT E ALONG S SEC LINE & 224.94 FT N PAR WITH E 1/8 LINE FROM SW COR OF E 762.8 FT OF W 1/2 SE 1/4 TH N PAR WITH E 1/8 LINE 115.0 FT TO S LINE OF KNOLLCREST ESTATES NO.3 TH E ALONG S LINES OF KNOLLCREST ESTATES NO.3 & SLATER HEIGHTS

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,592 98,730 246,778
Median Age: 40.76 35.14 33.18
Households: 3,850 38,831 93,422

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
CARWM Member
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