Office/Retail Building For Sale

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30349726
Property Subtypes: Office Building
Building Size (RSF): 5,772 SF
Gross Land Area: 0.09 Acres
Sale Price: $275,000
Unit Price: $47.64 PSF
Ceiling: 10 ft.
Property Use Type: Business
Class of Space: Class C
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/21/2019

Overview / Comments

Partially remodeled office/retail building at the corner of Alpine and Webster. The current owners purchased the building earlier this year but have already outgrown it. Clean Phase I Environmental study on file. On-site parking for 6 - 8 cars; freight elevator; located just North of Leonard on Alpine.


Finance Data Year 2009
Real Estate Taxes - Annual($) $47,117 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northwest Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-14-430-016
Property Located Between: Leonard and Richmond
Area Description: DIRECTIONS: US131 to Leonard, West to Alpine, North to Property
Number of Stories: 2
Year Built: 1900
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: On-Site
Total Parking Spaces: 8
Freight Elevators: 1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,077 116,553 237,695
Median Age: 28.89 33.04 33.48
Households: 5,718 47,217 90,670
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.