$1,000,000
Grand Rapids, MI 49512
MLS# 14001282
Status: Sold
40200 sqft
1 / 8
Property Description
#2023 40,000 sf retail building 80% leased through the end of 2018 to Pine Rest as their resale store. $193,000 annual income with escalators and renewal options. Two additional storefronts available totaling approximately 8,000 for additional income. Hot 28th Street location near Woodland Mall. Call listing agent for more details.
Details
Location Property Info
County: Kent
Street #: 2741
Street Name: 28th
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49512
OfficeContract Info
Status: Sold
Current Price: $1,000,000
List Price: $1,350,000
Listing Date: 2013-11-30
General Property Info
Lot Measurement: Acres
Lot Acres: 2.87
Lot Square Footage: 125017
Lot Dimensions: 421' x 1179' x 430' x 1176
Year Built: 1971
Road Frontage: 1600
Listing Number Display: 14001282
Total # Units: 3
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 40200
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 411810451022
Taxable Value: 1000000
SEV: 1000000
For Tax Year: 2012
Seller's Annual Property Tax: 51460
Tax Year: 2012
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: COMMERCIAL
Remarks Misc
Directions: 28th St. to address (northeast corner of Woodlawn Ave. & 28th St., west of M-37)
Status Change Info
Under Contract Date: 2013-12-10
Sold Date: 2013-12-31
Sold Price: $1,000,000
Sold Price/SqFt: 24.88
Additional Details
# Loading Docks/Well: 3
Ceiling Height: 12
Property Features
Uses: Professional Service; Professional/Office; Retail; Storage
Ownership: Other
Business Includes: Non-Applicable
Construction Type: Block; Steel
Exterior Material: Block; Stucco
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Purchase Terms Avail: Cash; Conventional
Sale Conditions: REO/Bank Owned
Listing Office: Coldwell Banker Woodland Schmidt Commercial
Listing Agent: James Edewaard
Last Updated: January - 08 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
