MI > Grand Rapids > Mi
Grand Rapids, MI 49508,1850 28th Street
Grand Rapids, MI 49508,1850 28th Street
Grand Rapids, MI 49508,1850 28th Street
Grand Rapids, MI 49508,1850 28th Street
Grand Rapids, MI 49508,1850 28th Street
Grand Rapids, MI 49508,1850 28th Street
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 1,599,000
Est. payment | /mo

20,340 SqFt

Save
$ 1,599,000
Est. payment | /mo
Save

20,340 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,340 sqft

Price per Sqft $78

Subdivision Mi

MLS Listing ID 70463095

Year Built 1988

Annual Tax Amount $30,928

Tax Year 2024

Lot Size 3.610 Acres

Acres 3.61

Lot Dimensions see map

Property Sub-Type Commercial/Industrial

Property Description

Great opportunity for a fully leased automotive retail Grand Rapids commercial property with unused land area for possible additional venture/expansion. A Suite could be available for Owner Operator! Approximately 9% 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 Grand Rapids (41032)

Zoning Commercial

Interior

Heating Radiant

Exterior

Parking Features 21+ Spaces

Building

Structure Type Block,Concrete

Others

Ownership LLC

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Bialik Real Estate LLC
agent-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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1850 28th Street