Commercial Investment Opportunity
Price
$164,000
Exclusive Off-Market Commercial Opportunity in Grand Rapids
We are delighted to present a unique commercial property located at 1713 Madison Ave SE, Grand Rapids, Michigan 49507,. This exceptional investment opportunity is nestled in the heart of West Michigan's vibrant commercial landscape, offering both current utility and future growth potential thanks.
Property Photos: https://drive.google.com/drive/folders/1TCGZsTURgFL2judpiCWlza1AzjMTB9l7?usp=share_link
Property Highlights:
Address: 1713 Madison Ave SE, Grand Rapids, MI 49507
Market Area: West Michigan, within the dynamic Grand Rapids-Wyoming, MI CBSA
Subdivision: Reynolds & Franklin S Addition, signifying growth and opportunity
Legal Description: LOT 3 BLK 2* Reynolds & Franklin S Addition
APN/Parcel ID: 41-18-06-329-021
County: Kent, a commercial expansion hub
Land Use: Commercial (NEC), offering versatile usage possibilities
State: Michigan, known for its business-friendly environment
Tax Year: 2022, Assessed Year: 2023
Lot Size: 0.132 acres, ample for various commercial ventures
Census Code: 003700
Submarket: Central Grand Rapids, known for economic vitality
Total Square Footage: 2,272 sq ft, spacious for multiple business needs
Sale Price: $195,000, an attractive offer for prime real estate
Current Configuration: The existing building hosts 1 commercial unit on the ground floor and 1 residential unit above, providing the possibility for rental income or use opportunities. There is a great redevelopment opportunity which can offer significant value-add potential, transforming the property into a predominantly residential building that caters to the high demand for living spaces in Grand Rapids.
Offer Submission: Direct all offers and inquiries to investments@promiselandrealtyllc.com. Don't miss out on this rare opportunity to own and develop a piece of Grand Rapids' thriving commercial and residential sector.
Property Map
"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT
PROPERTIES, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top
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