Retail Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30478472
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 3,900 SF
Gross Land Area: 0.61 Acres
Sale Price: $695,000
Unit Price: $178.21 PSF
Property Use Type: Investment
Usable Size (USF): 3,900 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2019

Overview / Comments

Offering 28th Street frontage and located across the street from Kellogg's production campus, this 3900 SF property was renovated in late 2017. Updates include an interior brought to a white box along with exterior upgrades like landscaping, facade refreshed, and resealed/re-striped parking lot.
Building can be divided into two or three units as small as 1300 SF. Offers open floor plan potential, good clear heights, and features an overhead door on the west end of the building. Uses for this property are many, including dry cleaners/laundromat, title company, general office, retail, daycare, restaurant/bar, and medical clinic.

Please call or text Jeffrey Mead at 616 889 1045 for immediate response

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-07-381-033
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Division & Madison
Largest Nearby Street: Madison St
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,900 SF
Property Condition: Excellent
Year Renovated: 2017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,654 149,867 308,170
Median Age: 30.89 32.53 33.3
Households: 4,379 54,034 116,877
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