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Danny Dedic

info@dedicatedrealtygroup.com +1(586) 855-6672

$ 700,000

Est. payment | -/mo

4 Baths

5,000 SqFt

Save

$ 700,000

Est. payment | -/mo

Save

4 Baths

5,000 SqFt

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $140

MLS Listing ID 65026046990

Year Built 1910

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type BusinessandRealEstate

Property Description

Excellent opportunity to acquire a fully occupied, five-suite commercial investment property along the highly visible Plainfield Avenue corridor in Grand Rapids' desirable Creston neighborhood. The building offers approximately 5,000 square feet of total rentable space including recently renovated basement offices, providing multiple income streams, and reduced exposure to any single tenant. The tenant mix includes a restaurant space equipped with a commercial hood, fire-suppression system, grease trap, kitchen, , along with four additional commercial suites. The entire building is currently leased and offers investors a strong capitalization rate with immediate income from a diversified tenant base. Located near established restaurants, retailers, residential neighborhoods and public transportation, this is a compelling opportunity to acquire a stabilized commercial asset with long-term upside in one of Grand Rapids' active neighborhood business corridors.

Location

State MI

County Kent

Area Area41142Grandrapids

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by John McMahon of Kilner Group Realty

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(586) 855-6672

info@dedicatedrealtygroup.com

1809 Plainfield AVE NE City Of Grand Rapids, MI 49503

Danny Dedic

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1809 Plainfield AVE NE