$800,000
Grand Rapids, MI 49504
MLS# 23000455
1 / 56
Property Description
Great investment opportunity on the west side of Grand Rapids. Corner lot commercial/Industrial/Multi-Family opportunity! Stand Alone building with three apartments upstairs, fenced yard, open commercial/industrial/retail space. Great owner user and redevelopment opportunity. All showings must be during normal business hours M-F 10am-4:00pm. Additional multi-family could be developed depending on plans and city approvals. Showings to be during Business hours only M-F 10am-4pm and Sat by appointment.
Details
Maps
Location & Property Info
County: Kent
Street #: 824
Street Name: Lake Michigan
Suffix: Drive
State: MI
Zip Code: 49504
Zip +4: 5641
Cross Streets: Lake Michigan & Indiana
Property Sub-Type: 2 to 4 Units
MLS Area Major: Grand Rapids - G
Municipality: City of Grand Rapids
Builder Name: Archery Unlimited
Ownership Type: Private Owned
Office/Contract Info
Status: Active
Current Price: $800,000
List Price: $800,000
Auction or For Sale: For Sale
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2022-07-21
General Property Info
Lot Size Units: Acres
Lot Size Square Feet: 13591
Lot Acres: 0.31
Lot Dimensions: 142X94
Year Built: 1923
Financial Available: No
Financial Comments: Commercial/Industrial Multi-Family
Cert of Compliance: No
Road Frontage: 142
Total # Units: 4
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 10
Waterfront: No
School District: Grand Rapids
Tax Info
Parcel #: 41-13-26-279-001
Taxable Value: 102728
SEV: 242500
For Tax Year: 2022
Annual Property Tax: 5428.19
Tax Year: 2022
Zoning: TBA
Remarks & Misc
Directions: W on Lake Michigan from US131. Property on S side of the road.
Unit 1
SqFt: 500
Occupied: No
Bedrooms: 1
Bathrooms: 1
Unit 2
Bedrooms: 2
Unit 3
Bedrooms: 3
Property Features
Exterior Material: Block; Brick; Wood Siding
Roofing: Rubber
Substructure: Partial
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public
Utilities Attached: Cable; Electric; Natural Gas
Util Avail at Street: Broadband; Electric; Public Sewer; Storm Sewer
Owner Pays: None
Tenant Pays: None
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete; Gravel
Mineral Rights: Partial
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: Range Oven
Listing Office: Gantos Group LLC
Listing Agent: Michael Gantos
Last Updated: April - 16 - 2024
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