1309 Plainfield Avenue NE

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30651813
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending
Building Size (RSF): 1,451 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $172.29 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

First time available on the market; this prime retail ONLY condo is situated on growing Plainfield Avenue; recently voted #1 area to live. Space comes with one unit for potential Owner/User or Tenant can stay and lease. THERE IS NO RESIDENTIAL UNIT ABOVE THE CONDO AVAILABLE FOR SALE. CURRENT OFFERING IS ONLY FOR THE COMMERCIAL UNIT. Great for coffee, restaurant, phone, café, office user and so much more. Shared parking in/around side. Great window frontage and visibility. Excellent opportunity to own in a growing area.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northeast Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-18-360-001
Zoning: TN-TBA
Tenancy: Single Tenant
Year Built: 1950
Year Renovated: 2016
Construction/Siding: Wood Frame
Exterior Description: Brick/Stone/Stucco
Parking Description: Street
Heat Type: Electricity
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,404 126,705 260,589
Median Age: 28.69 32.91 33.71
Households: 8,230 50,490 99,717


Photograph of Listing Agent

Joe Rizqallah

Signature Associates
CARWM Member
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