$ 1,080,000
-
$1,080,000
Price -
0
Bed -
0
Bath -
8,126
SqFt
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About the Listing 73049 - MR1844
Don't miss this outstanding investment opportunity featuring three fully leased commercial units totaling approximately 8,100 square feet in the highly traveled Plainfield Avenue Corridor. This property offers excellent visibility and exposure, making it an attractive location for long-term tenants and future appreciation. All three units are fully occupied with lease NNN terms extending another 4 to 5 years, providing immediate, stable cash flow for investors. The building is well-equipped for a variety of commercial and retail uses, featuring service bays and overhead doors that add flexibility and functionality for tenants. Strategically positioned along one of the area's busiest commercial corridors, this property benefits from strong traffic counts, excellent accessibility, and a thriving business environment. Performs at an 8 CAP + currently with annual escalations. Package this listing up with the next-door bank building and acreage to the west for a redevelopment site.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 8126
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 140x245 IRREG
- Zoning: Commercial
- Roof: Rubber
- Others:
- Sewer:
Financial Details
- Tax Amount: $17,682
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
4061 Plainfield Grand Rapids, MI 49525
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