$1,200,000
Grand Rapids, MI 49504
MLS# 21109595
7316 sqft
1 / 9
Property Description
Owner is a licensed Realtor in the State of Michigan. Land Contract and lease to own terms possible with The Highlights are countless Transitional City Center Grand Rapids Market is 6500 and in need of 10,000 new units per growth stated from the DDA ''Downtown Development Authority) Social Zone and city incentives for signage and outdoor Funiture and heaters and island barriers Brownfield incentives Tax abatements New licenses available for class C and self pour brewery New West side mini Chicago district Waterfront commerce opening upon removal of the fish ladder 10 story possibility of hotel min only 5-7 units Owner financing possible Investor options 49% The Highlights of this development are explosive and your in the right spot to get involved
Details
Maps
Location & Property Info
County: Kent
Street #: 407
Street Name: Turner
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 5244
Cross Streets: Bridge Street NW
Property Sub-Type: Retail/Commercial
Area: Grand Rapids - G
Municipality: Grand Rapids Twp
Office/Contract Info
Status: Active
Current Price: $1,200,000
List Price: $1,200,000
Auction or For Sale: For Sale
List Price/SqFt: 164.02
Prop Avail for Lease?: Yes
Sub Agency: 4
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2021-10-06
Current Bldg Use: Commercial
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.32
Lot Square Footage: 13809
Lot Dimensions: 58 x 125 x 65 x 125
Year Built: 1963
Road Frontage: 58
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 7316
Total Net SqFt: 7500
Property Use Type: Business
Full Baths: 1
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-13-24-384-007
Taxable Value: 220300
SEV: 111514
For Tax Year: 2021
Annual Property Tax: 5597
Tax Year: 2021
Spec Assessment & Type: Commercial
Non-Conforming Use: No
Zoning: TCC
Remarks & Misc
Legal: S 35 FT OF LOT 8 BLK 21 & E 1/2 OF GORE LOT 1 BLK 21 * SCRIBNER & TURNER'S ADDITION
Directions: If coming from Bridge St NW: Turn North on to Broadway Ave NW and East on to First St NW and then South on to Turner Ave NW and the property is on the right side of the road.
Additional Details
Total Parking Spaces: 20
Ceiling Height: 30
Power/Voltage: 120/240
Waterfront Options
Water Access Y/N: No
Business Opportunity
Business Name: DADDS MAGIC BUS
Property Features
Property Use: Business; Investment; Net Leased (nnn); Vacant/Owner-User
Uses: Auto Service; Bar/Tavern/Lounge; Professional Service; Professional/Office; Retail; Storage; Other
Ownership: Proprietorship
Business Includes: Furniture; Real Estate
Construction Type: Block; Concrete; Steel
Exterior Material: Block; Concrete
Roofing: Rubber; Stone
Foundation: Block
Below Grade: None
Additional Features: Fenced Storage; Outdoor Storage; Security System
Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at St: Broadband; Electric; Natural Gas; Public Sewer; Public Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Asphalt; Concrete
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional; Land Contract
Docs at List Office: Aerial Photo; Survey
Docs Req Conf Agrmnt: Site Plan
Sale Conditions: None; Other
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Listing Office: Grand Rapids Realty & Investments LLC
Listing Agent: Frank Roberts
Last Updated: October - 25 - 2023
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