Versatile Corner Lot with 15,095 sf Buildings in Downtown Plainwell

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Industrial
Catylist Listing ID: 30410113
Property Subtypes: Garden Center, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending/Contingent
Building Size (RSF): 15,095 SF
Gross Land Area: 0.60 Acres
Sale Price: $260,000
Unit Price: $17.22 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/19/2019

Overview / Comments

3,041 sf brick retail building and apartment upstairs, 3,360 sf steel warehouse and 8,694 sf utility and equipment facilities surround the property on this corner retail lot of 0.603 acres in downtown Plainwell. Great opportunity for land with retail/wholesale uses, also a live/work opportunity. Most recent use was a showroom with cold storage in back.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Allegan
Taxing Authority: City of Plainwell
Tax ID/APN: 03-55-029-067-10
Retail Clientele: General, Business, Other
Property Located Between: Roberts St. & S. Acorn St.
Property Visibility: Excellent
Largest Nearby Street: Sherwood Ave on M89
Feet of Frontage: 162
Traffic/Vehicle Count: 17,700
Highway Access: US 131
Area Description: East of US-131 on M-89
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 2
Zoning Description: Zoned C2 - General Commercial / CBD - Commercial Business District. It is advised to contact the City of Plainwell Zoning Department for appropriate usage.
Lot Frontage: 162 ft
Lot Depth: 244 ft

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,279 13,873 23,961
Median Age: 39.91 39.85 40.74
Households: 872 5,407 9,291
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.