Sale/Lease back opportunity!!

Retail-Commercial for Sale
Catylist Listing ID: 30525197
Property Subtypes: Convenience Store, Day Care Facility, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Other, General
Building Size (RSF): 1,012 SF
Gross Building Area: 1,150 SF
Gross Land Area: 0.02 Acres
Sale Price: $100,000
Unit Price: $98.81 PSF
Ceiling: 8 ft.
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

Building has 2 designated parking spots included in CAM and 2 separate entrances for convenience. Plenty of parking in shopping center lot. Newer roof with warranty in place for 12 more years. Hot water heater 2 years old. Very good lighting. CAM charges for shopping center $58 bucks a month. Potential for a small retail space, small salon, eyebrows, studio, accounting firm, phone store...

The 2 units have tenants in them currently leasing.


Finance Data Year 2008
Real Estate Taxes - Annual($) $30,939 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Tax ID/APN: 41-18-20-479-009
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: Kalamazoo
Highway Access: I-96 M6
Airports: Gerald Ford International
Site Description: Lot 3 * Towne and Country Shopping Center.
Area Description: DIRECTIONS: Kalamazoo at 44th St.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,012 SF
Property Condition: Good
Year Built: 1956
Roof Type: Flat
Construction/Siding: Brick
Parking Description: Lots of ample parking in shopping center with designated spots right in front of back entrance!
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,883 106,580 245,801
Median Age: 37.5 34.58 33.87
Households: 6,207 41,742 91,309
© 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.