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$1,850,000
65 Days On Site
1850 28th Street SEGrand Rapids, MI49508
For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
20,340
SqFt
$91
/SqFt
1988
Built
County:
Kent
Listing courtesy of Nathaniel R Bialik of Bialik Real Estate LLC
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Call Now: 248-790-5594
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248-790-5594
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Great opportunity for a fully leased automotive retail Grand Rapids commercial property with unused land area for possible additional venture/expansion. Approximately 7.35% cap rate at current asking price. Seller will look at any reasonable offer. Desirable 28th Street frontage across from Indian Trails Golf course between Kalamazoo Ave and Breton. Call for lease info, environmental info, and to schedule a tour. Current monthly gross lease total of $15,500. Environmental done 2020: no corrective actions necessary.
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Listing Snapshot
Price
$1,850,000
Days On Site
65 Days
Bedrooms
N/A
Inside Area (SqFt)
20,340 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.61 Acres
Year Built
1988
MLS® Number
24055171
Status
Active
Property Tax
$30,928
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Price changed to $1,850,000 | |
| 2 months ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
General Features
Acres
3.61
Parking Spaces
50
Property Sub Type
Retail
Sewer
Public Sewer
SqFt Total
20340
Utilities
Natural Gas AvailablePhone AvailableElectricity AvailablePhone ConnectedNatural Gas ConnectedElectricity ConnectedWater AvailableSewer Available
Water Source
Public
Zoning
C-2 Commercial
Interior Features
Heating
Natural GasRadiant
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Exterior Features
Construction Details
Block
Community Features
Financing Terms Available
ConventionalCash
MLS Area
Grand Rapids - G
Roads
Paved
School District
Grand Rapids
Township
Grandville City
Schools
School District
Grand Rapids
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Nathaniel R Bialik of Bialik Real Estate LLC
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, MichRIC MLS.
Data last updated at: 2024-10-30 12:00 AM UTC
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, MichRIC MLS.
Data last updated at: 2024-10-30 12:00 AM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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