Grand Rapids, MI 49508,1850 28th SE Street
Grand Rapids, MI 49508,1850 28th SE Street
Grand Rapids, MI 49508,1850 28th SE Street
Grand Rapids, MI 49508,1850 28th SE Street
Grand Rapids, MI 49508,1850 28th SE Street
Grand Rapids, MI 49508,1850 28th SE Street
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Paige + Brandon Corbalis

Paige + Brandon Corbalis

+1(574) 222-7086
$ 1,850,000
Est. payment | /mo

20,340 SqFt


Save
$ 1,850,000
Est. payment | /mo
Save

20,340 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 20,340 sqft

Price per Sqft $90

Municipality Grandville City

MLS Listing ID 24055171

Year Built 1988

Annual Tax Amount $30,928

Tax Year 2024

Lot Size 3.605 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 Grand Rapids - G

Direction South side of 28th Street between Kalamazoo Ave and Breton.

Interior

Heating Radiant

Inclusions Other, Non-Applicable

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available

View Y/N No

Street Surface Paved

Total Parking Spaces 50

Building

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-18-16-126-005

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Bialik Real Estate LLC

GET MORE INFORMATION

agent
Paige + Brandon Corbalis

Managing Broker/Owner

+1(574) 222-7086 | paige@brickbuiltre.com

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1850 28th SE Street