4000 Remembrance NW Road Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49534
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,446 sqft
Price per Sqft $88
MLS Listing ID 24054359
Full Baths 5
Year Built 1940
Annual Tax Amount $9,638
Tax Year 2023
Lot Size 1.000 Acres
Property Description
This commercial property offers a strong investment opportunity with five units. Two are currently rented: a flower shop ($1,200/month) and a commercial kitchen ($1,350/month). There's an additional unoccupied kitchen, and two office spaces, with a total potential rental income of $9,150/month. The building features newer 3-phase power, a dual 23' hood system, two walk-in coolers, and an 8x6 freezer. Both office spaces have been updated. Other amenities include a commercial water heater, dishwashing system, updated plumbing, gutters, and a 2,000 sq. ft. storage area with bay doors. Fully up to code and ready for more tenants. A separate business is also available with a land contract option.
Location
State MI
County Kent
Area Grand Rapids - G
Interior
Heating Forced Air
Cooling Central Air
Inclusions Real Estate, Equipment
Exterior
Utilities Available Phone Available,Cable Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Broadband
View Y/N No
Roof Type Composition,Rubber
Building
Building Description Block,Vinyl Siding,Brick,Stone, Multi User Facility
Sewer Public Sewer
Water Public
Structure Type Block,Vinyl Siding,Brick,Stone
New Construction No
Schools
School District Kenowa Hills
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash