Contractor's Dream With Apartment Above

Retail-Commercial for Sale
Sale Pending
Also listed as Industrial
Catylist Listing ID: 30437777
Property Subtypes: Mixed Use
Status: Pending
Building Size (RSF): 6,270 SF
Gross Land Area: 0.12 Acres
Sale Price: $390,000
Unit Price: $62.20 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/5/2019

Overview / Comments

City zoning code allows for contractor's establishment. Building includes 2 bedroom apartment, office, and warehouse spaces. Close proximity to downtown Grand Rapids.

Remodeled in 2019 with numerous upgrades: new LED lighting, new concrete floor in back garage, 2 new furnaces and central air conditioner units, new HVAC duct work, new drywall throughout building, 2 new garage doors, new gas/sanitary/water lines, new flooring/windows/paint, new kitchen and appliances in residential unit.

New rubber roofs with insulation, including a 15 year warranty.

See attached image for complete list of property upgrades.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northeast Business District
Taxing Authority: Grand Rapids
Tax ID/APN: 41-14-18-459-019
Zoning: TN-TBA
Property Located Between: Located in Creston Heights with excellent visibility from College
Property Visibility: Excellent
Largest Nearby Street: College
Highway Access: 2.64 miles to I-96; 0.98 miles to US-131
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1960
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Vinyl Siding
Exterior Description: New exterior paint; engineered and restructured front facade in 2019
Parking Description: Street parking

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,448 127,742 257,425
Median Age: 29.76 32.73 33.83
Households: 7,075 50,590 98,412
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.