Hotel Pad Available For Sale

Vacant Land for Sale
Catylist Listing ID: 30699709
Property Subtypes: Hospitality, Retail, Retail-Pad, Other
Gross Land Area: 2.57 Acres
Sale Price: $1,200,000
Unit Price: $466,926 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2021

Overview / Comments

Hotel site available in Jenison, on Chicago Drive adjacent to Highway 196. This site is part of the new Rush Creek retail development neighboring Aldi, At Home, McDonald’s, Dunkin' and Taco Bell. Development is graded, utilities and some interior roadways installed, size and location of the proposed hotel site is subject to change. Municipality will allow more than 3 stories.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Submarket Type: Suburban
Taxing Authority: Georgetown Twp
Tax ID/APN: 70-14-13-400-073
Zoning: COMMERCIAL
Property Visibility: Excellent
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,985 59,084 148,912
Median Age: 40.51 37.6 35.01
Households: 4,370 22,678 55,120

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