4000 Remembrance NW Road Active

Grand Rapids,MI 49534

$ 749900

- Bed

5 Baths

8446 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 8,446 sqft

Price per Sqft $88

Municipality City of Walker

MLS Listing ID 24054359

Full Baths 5

Year Built 1940

Annual Tax Amount $9,638

Tax Year 2023

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 166x44x125x196x155

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

Direction Head east on I-96 E from Muskegon toward Grand Rapids, and continue for about 30 miles. Take Exit 26B for M-11 W/Wilson Ave toward Walker. Merge onto Wilson Ave NW and continue for about 1.2 miles. Turn right onto Remembrance Rd NW and continue for about 1.5 miles. Your destination will be on the right.

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

Tax ID 41-13-18-228-008

Ownership LLC

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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