435 28th St

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30295079
Property Subtypes: Car Wash, General
Status: Pending
Building Size (RSF): 3,192 SF
Gross Land Area: 0.97 Acres
Sale Price: $449,000
Unit Price: $140.66 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: EXPRESS AUTO
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2020

Overview / Comments

This outstanding 1-acre site is currently used for a self-serve car wash and could continue as such with new ownership OR is ideal for new commercial/retail/service development. The site is just minutes to US-131 and is currently near Burger King, McDonald's, Taco Bell, Meijer, other restaurants, new car dealers, and a variety of retailers.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-07-453-042
Zoning: MON-C ZONE
Property Located Between: Madison and Eastern on N side of 28th
Property Visibility: Excellent
Largest Nearby Street: Madison Ave SE
Highway Access: 1 mile to US-131
Site Description: Flat, almost completely asphalt
Area Description: Retail, service, automotive dealers, restaurants
Tenancy: Single Tenant
Construction/Siding: Concrete
Zoning Description: The purpose of the MON-C Zone District is to accommodate a very broad range of business, service and commercial uses. Development in this District is generally more destination-oriented; with a greater dependence upon the automobile. Off-street parking, drive-through and automobile uses are more prominent. High-intensity business, service and commercial uses are allowed on larger sites that have primary access to major streets. Medium- and high-density residential development is encouraged on underutilized commercial sites, and particularly in areas adjacent to a Transit-Oriented Development Zone District. Pedestrian and public transportation accommodations shall remain important considerations in site design.
Lot Frontage: 145'
Lot Depth: 289.97'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,273 147,392 307,320
Median Age: 31.47 32.46 33.28
Households: 6,285 53,266 116,585
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.