Prime Development Properties for Sale Burton and Eastern Area

Special Purpose for Sale
Sale Pending
Catylist Listing ID: 30359260
Property Subtypes: Assembly/Meeting Place, Funeral Home/Mortuary
Status: Pending
Building Size (RSF): 14,956 SF
Gross Building Area: See Agent
Gross Land Area: 3.24 Acres
Sale Price: $795,000
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/9/2019

Overview / Comments

Burton and Eastern area, Excellent location for re-development. Funeral home building 12,784 sf with "out-building" used for garage located on 2.881 acres. Adjacent residence building 2,172 sf also with garage located on 0.363. Business and equipment not for sale.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-06-479-041 & 41-18-06-479-022
Zoning: LDR (LOW DENSITY RESIDENTIAL)
Property Located Between: Burton-Griggs / Union-Eastern
Property Visibility: Excellent
Feet of Frontage: 353
Total Number of Buildings: 4
Number of Stories: 2
Year Built: 1951
Parking Type: Surface
Parking Description: 96+ spaces
Zoning Description: LDR (Low Density Residential) - It is recommended that interested parties contact City of Grand Rapids Zoning to verify that their intended use conforms to the current zoning.
Lot Frontage: 353 ft
Lot Depth: 450+ ft

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,892 154,672 310,759
Median Age: 30.12 31.66 33.24
Households: 7,782 57,207 118,846
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.