Commercial/Industrial building for sale

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30753535
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Size (RSF): 7,380 SF
Gross Land Area: 0.53 Acres
Sale Price: $550,000
Unit Price: $74.53 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Recently renovated and remodeled building in downtown Cedar Springs. Seller meticulously remodeled building and has been operating their business in the building since 2017. The building is set up with 5,740sf of light manufacturing/industrial space and 1,640sf of office/retail space. Multiple parking spaces on-site as well as street parking. Property has frontage on Main Street and 1st Street allowing vehicle access thru to both streets. The building could be utilized for brewery, distillery, restaurant, office, light manufacturing or retail.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Taxing Authority: City of Cedar Springs
Tax ID/APN: 41-03-30-308-003
Zoning: COMMERCIAL
Retail Clientele: General, Business
Property Located Between: Ash & Cherry
Property Visibility: Excellent
Largest Nearby Street: 17 Mile Rd.
Feet of Frontage: 109
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,380 SF
Property Condition: Excellent
Year Built: 1941
Year Renovated: 2017
Parking Description: multiple off site parking spots
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,249 10,262 25,759
Median Age: 31.92 34.76 36.3
Households: 757 3,642 8,986
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