1850 28th Street SE Active Save Request In-Person Tour Request Virtual Tour
Grandville,MI 49508
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,340 sqft
Price per Sqft $90
MLS Listing ID 65024055171
Year Built 1988
Annual Tax Amount $30,928
Lot Size 3.610 Acres
Property Description
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.
Location
State MI
County Kent
Area Grandville
Zoning Other
Interior
Heating Radiant
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Block/Concrete/Masonry
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Unknown/Data Share Listings