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1353 Kalamazoo Ave SE 4,977 SF 100% Leased Retail Building Grand Rapids, MI 49507 $610,000 ($122.56/SF)
Investment Highlights
- Located in the heart of Boston Square.
Executive Summary
This Multi Use, two-story building is in the heart of Boston Square which is part of Grand Rapids Amplify 2.0’s neighborhood revitalization project. Excellent opportunity to live/work with a dynamic and growing community. Great as an investment property. Great for coffee, Cafe, restaurant, clothing store. Ample street parking and two ingress/egress. New Furnace installed in 2017. New AC/HVAC., tankless water heater, and new roof all Installed in 2018. Roof still has 15-year transferable warranty. There are two 2-bedroom, one bath units on the second floor. One is vacant and one is occupied.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,977 SF
Building Class
C
Year Built
1900
Price
$610,000
Price Per SF
$122.56
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
20 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 41-18-05-131-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $96,900 |
Property Taxes
Parcel Number
41-18-05-131-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$96,900
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1353 Kalamazoo Ave SE
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