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900 College Ave NE
Grand Rapids, MI 49503
College Ave Party Store · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,727 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.10 AC
Zoning
TN-LDR
Frontage
About 900 COLLEGE AVE NE , GRAND RAPIDS, MI 49503
Excellent Business opportunity ! Long established neighborhood convenience store with Beer/wine license Lottery & Wic. This sale includes both the real estate and the business (Inventory is separate). The upstairs has 2 apartments 1 is currently rented out at $400/month. The other needs updating.This property would be ideal for an owner operator who will run the store and update the property. Current sales are approx. $50k per month with a 20% margin (Per owner) Plenty of upside potential for the right buyer.Seller is willing to do terms with a large down or sell the business on its own and lease the store space to the buyer for $1000/month. Gross sales and Cash flow are approximate and must be verified with seller. .
Property Taxes
| Parcel Number | 41-14-19-254-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $136,900 |
Property Taxes
Parcel Number
41-14-19-254-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$136,900
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