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58 Ionia Ave SW
Grand Rapids, MI 49503
The Waldron Building · Retail Property For Sale
Investment Highlights
- NOI: $274,545
- 5+ Years Remaining Lease Term
- Single Tenant
- NNN Lease Type
- Two 5-Year Options with 3% Annual Increases
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,888 SF
Building Class
B
Year Built/Renovated
1900/2019
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’2”
Building FAR
1.74
Lot Size
0.17 AC
Zoning
C - Commercial
Frontage
35’ on Ionia Ave
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 41-13-25-435-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,388,200 |
Property Taxes
Parcel Number
41-13-25-435-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,388,200
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