Grand Rapids, MI 49508,1850 28th Street
Grand Rapids, MI 49508,1850 28th Street
Grand Rapids, MI 49508,1850 28th Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
25
Dec
Thu
26
Dec
Fri
27
Dec
$1,850,000
Est. payment /mo
20,340 SqFt
Save

UPDATED:

12/06/2024 12:18 AM

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,340 sqft

Price per Sqft $90

Subdivision Mi

MLS Listing ID 70437617

Year Built 1988

Annual Tax Amount $30,928

Tax Year 2024

Lot Size 3.610 Acres

Acres 3.61

Lot Dimensions see map

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 (41033)

Zoning Commercial

Interior

Heating Radiant

Exterior

Parking Features 21+ Spaces

Building

Water Public Water, Public Water at Street

Structure Type Block,Concrete

Others

Ownership Other/See Remarks

Energy Description Natural Gas

Financing Cash,Conventional


Read Less Info
MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Bialik Real Estate LLC

GET MORE INFORMATION

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.