5234 Plainfield Ave NE

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30430327
Property Subtypes: Free-Standing Building, Other, General
Building Size (RSF): 4,500 SF
Gross Land Area: 0.55 Acres
Sale Price: $439,900
Unit Price: $97.76 PSF
Ceiling: 10 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/1/2019

Overview / Comments

The building is currently 100% occupied with 3 tenants.
Located near the intersection where Plainfield meets Northland Drive, it offers ample parking and has great visibility.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Plainfield Corridor
Taxing Authority: Plainfield Township
Tax ID/APN: 41-10-26-104-014
Zoning: C-1
Retail Clientele: General, Family, Business, Other
Property Located Between: Coit Ave NE and Northland Drive NE
Property Visibility: Excellent
Largest Nearby Street: Northland Drive
Feet of Frontage: 163
Airports: Gerald R. Ford International Airport
Area Description: DIRECTIONS: Just West off East Beltline/Northland Dr Intersection
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1977
Construction/Siding: Block
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,825 40,608 96,603
Median Age: 41.08 39.33 37.81
Households: 1,868 15,573 37,459

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