2741 28th Street SE, Grand Rapids, MI 49512

$1,000,000
Property Type: Commercial Sale Square Footage: 40,200 Lot Size (sq. ft.): 125,017 Status: Sold
Current Price: $1,350,000 List Date: 1/03/2014 Last Modified: 1/08/2025

Overview

Description

#2023 40,000 sf retail building 80% leased through the end of 2018 to Pine Rest as their resale store. $193,000 annual income with escalators and renewal options. Two additional storefronts available totaling approximately 8,000 for additional income. Hot 28th Street location near Woodland Mall. Call listing agent for more details.

Listing Details MLS# 14001282

Location Property Info

County
Kent
Street #
2741
Street Name
28th
Suffix
Street
Post Direction
SE
State
MI
Zip Code
49512

General Property Info

Lot Measurement
Acres
Lot Acres
2.87
Lot Square Footage
125017
Lot Dimensions
421' x 1179' x 430' x 1176
Year Built
1971
Road Frontage
1600
Listing Number Display
14001282
Total # Units
3
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
40200
Waterfront
No
School District
Grand Rapids

Tax Info

Tax ID #
411810451022
Taxable Value
1000000
SEV
1000000
For Tax Year
2012
Seller's Annual Property Tax
51460
Tax Year
2012
Spec Assessment & Type
None known
Non-Conforming Use
No
Zoning
COMMERCIAL

Remarks Misc

Directions
28th St. to address (northeast corner of Woodlawn Ave. & 28th St., west of M-37)

Status Change Info

Under Contract Date
2013-12-10
Sold Date
2013-12-31
Sold Price/SqFt
24.88

More Information

Additional Details

# Loading Docks/Well
3
Ceiling Height
12

Location & Property Info

Cross Streets
Woodlawn & Ridgemoor
Property Sub-Type
Retail
Area
Grand Rapids - G
Municipality
City of Grand Rapids

Office/Contract Info

List Price/SqFt
33.58
Prop Avail for Lease?
No

Remarks & Misc

Legal
ATTACHED

Utilities Attached

Cable Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Professional Service
Yes
Professional/Office
Yes
Retail
Yes
Storage
Yes

Construction Type

Block
Yes
Steel
Yes

Exterior Material

Block
Yes
Stucco
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

REO/Bank Owned
Yes

Ownership

Other
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Business Includes

Non-Applicable
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Storm Sewer
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Property Features

Uses: Professional Service; Professional/Office; Retail; Storage Ownership: Other Business Includes: Non-Applicable Construction Type: Block; Steel Exterior Material: Block; Stucco Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Purchase Terms Avail: Cash; Conventional Sale Conditions: REO/Bank Owned
Listing Office: Coldwell Banker Woodland Schmidt Commercial
Listing Agent: James Edewaard
IDX
Last Updated: January - 08 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.