$550,000
Grand Rapids, MI 49504
MLS# 23017404
6672 sqft
1 / 38
Property Description
Great investment opportunity on the West Side of Grand Rapids. Corner lot Commercial/Multi-Family opportunity! Stand Alone building with 2 apartments upstairs, 4-6+ space parking lot, 3 retail spaces on street level. Great owner user and redevelopment opportunity. All showings must be from 9-11:30am/2-5pm by appointment. Contact Listing agent to show property.
Details
Maps
Location & Property Info
County: Kent
Street #: 965
Street Name: Bridge
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
Cross Streets: Lane and Bridge
Property Sub-Type: Retail/Commercial
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Office/Contract Info
Status: Active
Current Price: $550,000
List Price: $550,000
Auction or For Sale: For Sale
List Price/SqFt: 82.43
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2023-05-25
Current Bldg Use: Multi-Use - Retail/Office/Multi-Family
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.12
Lot Square Footage: 5358
Lot Dimensions: 50x100
Year Built: 1930
Road Frontage: 50
Total # Units: 5
# Fin Bldg Lvls: 2
# of Diff Unit Floor Plans: 5
Total # Bldgs: 1
Total SqFt: 6672
Property Use Type: Investment
Full Baths: 5
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 411323480016
Taxable Value: 114623
SEV: 241300
For Tax Year: 2023
Annual Property Tax: 5660.54
Tax Year: 2023
Spec Assessment & Type: N/A
Zoning: Commercial
Remarks & Misc
Legal: LOT 1 EXCEPT N 40 FT* K S PETTIBONE S ADDITION
Directions: 196 to the Lane exit, south on Lane to Bridge St.
Additional Details
Total Parking Spaces: 6
Unit 1
Unit Description: 2 Bed/1 Bath
Occupied: Yes
Unit 2
Unit Description: 2 Beds/1 Bath
Occupied: No
# Baths: 1
Unit 3
Unit Description: Commerical space #1
Occupied: Yes
# Baths: 1
Unit 4
Unit Description: Commercial Space #2
Occupied: Yes
# Baths: 1
Unit 5
Unit Description: Commercial Space #3
Occupied: Yes
# Baths: 1
Property Features
Property Use: Investment
Uses: Professional/Office; Retail; Other
Ownership: Proprietorship
Business Includes: Non-Applicable
Construction Type: Frame/Wood
Exterior Material: Concrete; Wood Siding
Roofing: Composition
Below Grade: Basement; Full
Tenant Pays All: Electric; Gas
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at St: Broadband; Public Sewer
Heat Source: Natural Gas
Heat Type: Forced Air; Space Heater
Air Conditioning: Wall Unit(s); Window Unit(s)
Driveway: Gravel
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Other
Sale Conditions: None
Listing Office: Polaris Real Estate LLC
Listing Agent: Lisa Newell
Last Updated: May - 10 - 2024
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