4000 Remembrance Road new Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49534-7589
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,446 sqft
Price per Sqft $75
Subdivision Mi
MLS Listing ID 70501445
Year Built 1940
Annual Tax Amount $10,094
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 166x44x125x196x155
Property Sub-Type Commercial/Industrial
Property Description
Excellent Investment Opportunity!This versatile commercial property offers strong income potential with five rentable units, currently generating $5,900 per month and a total potential income of $9,900 per month when fully leased.The building is equipped with a dual 23' hood system (included in the sale), while other equipment -- such as coolers, freezers, and commercial appliances -- may be negotiated separately. Additional features include two updated office spaces, a 2,000 sq. ft. storage area with bay doors, commercial water heater, dishwashing system, updated plumbing, and newer gutters.Fully up to code and ready for additional tenants, this property provides excellent flexibility for investors or business owners looking to expand their portfolio. A separate business opportunity is also available, with land contract options for qualified buyers.
Location
State MI
County Kent
Area Walker (41040)
Interior
Heating Forced Air
Exterior
Roof Type Composite,Other-See Remarks,Rubber
Building
Structure Type Block,Brick,Frame,Stone,Vinyl Siding,Wood
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/25054795