460 S State St, Sparta

Retail-Commercial for Sale
Catylist Listing ID: 30323239
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 957 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $209,000
Unit Price: $218.39 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/27/2019

Overview / Comments

Stand alone retail building with drive thru access available in Sparta, MI.

Property also available for lease. Owner will deliver store front windows, exterior refresh, 2x2 or 2x4 acoustic drop ceiling with standard LED drop in lighting to code, ada bathroom(s) to code, standard electric to code, drywall finished, floor ready for flooring. NNN fees estimated at $3.50 PSF, former fast casual drive thru.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Taxing Authority: Village of Sparta
Tax ID/APN: 41-05-23-301-023
Tenancy: Single Tenant
Legal Description: S 115 FT OF N 757 FT OF W 421 FT OF SW 1/4 EX W 50 FT * SEC 23 T9N R12W 0.98 A.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,128 9,110 20,327
Median Age: 34.59 35.72 37.72
Households: 1,235 3,424 7,363


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