Prime Alpine Retail Corridor

Retail-Commercial for Sale
Catylist Listing ID: 30563007
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 5,900 SF
Gross Land Area: 29,565 SF
Sale Price: $479,000
Unit Price: $81.19 PSF
Property Use Type: Investment
Usable Size (USF): 5,884 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/10/2020

Overview / Comments

Great visibility and high traffic counts - over 30,000 daily. Direct access off I-96.
Prime retail space on large lot: 100 ft frontage x 280 ft deep on busy Alpine. Only minutes from downtown and surrounded by national retailers such as Home Depot, Jimmy John's, KFC and more!

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Alpine Corridor
Taxing Authority: City of Walker
Tax ID/APN: 41-13-11-230-044
Zoning: C-4 OUTDOOR COMMERCIAL
Retail Clientele: General, Family, Business, Other
Property Located Between: Ferris & Hillside
Property Visibility: Excellent
Largest Nearby Street: 3 Mile
Feet of Frontage: 100
Traffic/Vehicle Count: 33,000
Highway Access: I-96
Area Description: Directly South of I-96, Ideal for diverse retailers, 5 miles from downtown Grand Rapids, Surrounded by many national retailers.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Construction/Siding: Block
Exterior Description: This building is mason block, brick and steel construction with a flat roof. Large storefront windows face Alpine Ave.
Total Parking Spaces: 43
Parking Type: Surface
Parking Description: Ample surface lot
Zoning Description: C-4: Outdoor Commercial; It is recommended that interested parties verify use with City of Walker Zoning Department
Lot Frontage: 100
Lot Depth: 280

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,981 95,456 196,005
Median Age: 33.9 34.7 34.38
Households: 2,607 38,887 77,424
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