154 Lakewood Blvd E

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30377933
Property Subtypes: Free-Standing Building, Street Retail, Vehicle Related
Building Size (RSF): 16,213 SF
Gross Land Area: 1.24 Acres
Sale Price: $1,129,000
Unit Price: $69.64 PSF
Ceiling: 26 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 16,213 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/14/2020

Overview / Comments

The property located at 154 E. Lakewood Blvd was formerly part of the Lead Foot Auto Group facilities. The building features multiple drive-in doors and was set up for both automotive sales and automotive repair and re-painting. There is an existing automotive paint booth that may be purchased separately from the real estate.
The facility is in excellent condition and also has a significant amount of yard space for those needing additional parking or sales opportunities out front.
The facility is in impeccable condition and is ready to be moved back into with an alternative use.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $8,583 (Annual)
Assessed Value - Total($) $249,900 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Submarket/Township: Other area
Taxing Authority: Holland Charter Township
Tax ID/APN: 70-16-20-275-021
Zoning: C-2 COMMERCIAL
Retail Clientele: General
Property Located Between: Beeline Rd and US-31
Property Visibility: Excellent
Largest Nearby Street: US-31
Feet of Frontage: 198
Traffic/Vehicle Count: 24,787
Highway Access: 0.87 Miles to US-31
Airports: Gerald R. Ford International Airport
Site Description: LL IN LO
Area Description: DIRECTIONS: US-31 TO LAKEWOOD BLVD W TO ADDRESS JUST E OF BEELINE.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 16,213 SF
Property Condition: Good
Year Built: 1952
Year Renovated: 2007
Construction/Siding: Block, Concrete, Steel Frame, Wood Frame
Parking Type: Surface
Parking Description: On-Site
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,546 66,088 93,851
Median Age: 37.96 35.28 36.15
Households: 3,099 23,854 33,944
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.