Burlingame Strip Mall

Shopping Center for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30700109
Property Subtypes: Mixed Use, General
Building Size (RSF): 5,000 SF
Gross Land Area: 1 Acre
Sale Price: $589,900
Unit Price: $117.98 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/6/2021

Overview / Comments

Strip Center just East of Burlingame.& 28th St. intersection. Very good visability. Four units fully occupied: Metro T Mobile @ $1500 mo., Italy Pizza, owner, Maylon Income Tax @ $800.00 mo., and Poca Stiles Salon @ $700.00 mo.
Plenty of surface parking, approx. four spaces per unit. Forced air gas hear. Central air.

Financials

Finance Data Year 2011
Real Estate Taxes - Annual($) $63,448 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street West
Taxing Authority: Wyoming
Tax ID/APN: 411714101058
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business
Property Located Between: Burlingame and Michael
Property Visibility: Excellent
Largest Nearby Street: Burlingame
Feet of Frontage: 500
Highway Access: 1 Mile to US131 or 1 Mile to I-196
Airports: 1
Site Description: Affordable office/retail space on busy 28th St./Burlingame Corner. Neighbors include: Banquet Center, Cell Phone Store, Pizza, Beauty Salon, Income Tax Store.
Area Description: Thriving business district.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,608 SF
Property Condition: Good
Year Built: 1965
Roof Type: Flat
Construction/Siding: Block, Brick
Exterior Description: Block with brick siding. Large windows. Room for signs.
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: Standard flat surface.
Total Parking Spaces: 25
Heat Type: Natural Gas
Air Conditioning: Engineered System
Interior Description: Well kept
Zoning Description: Commercial Improved
Part of Planned Development?: Yes
Lot Frontage: 50.06
Lot Depth: 253.03
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 411714101065 part of NW 1/4 com 50.06 ft S od OOM OOS & 253.05 ft S 87D 10M 305 E along S Line of 28th St From NW Cor of Sec TH S87D 10M 30 SE along SD S Line 117.88 ft to E Line of W 370.73 ft of NW 1/4 th S OD OOM OOS W 118.50 ft the N OD 15M 385 E 167.81 ft to Beg* Sec 14 T6N R12W O.45 A Split/Combined on 10/17/2016 from 41 - 17 - 14 - 101 - 058

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,469 113,415 287,269
Median Age: 31.58 31.33 33.22
Households: 6,381 40,248 109,117

Contact

Photograph of Listing Agent

Anthony DeBartolo

DeBartolo Realty Not a member of CARWM
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.