Property Type:
Commercial Sale
Square Footage:
18,800
Lot Size (sq. ft.):
115,869
Status:
Sold
Current Price:
$3,000,000
List Date:
8/09/2016
Last Modified:
10/20/2021
4249 Parkway Place Drive, Grandville, MI 49418
$2,850,000
Description
This is a fantastic investment opportunity to own a fully leased, multitenant, office building just north of Rivertown Parkway in Grandville, MI.
The 2.66 acre property has frontage on 44th Street, SW to the north and Parkway Place to the south. Parkway place provides shared access to the
Harold Zeigler Dealership, as well as several other professional office
buildings nearby. Building is 100% leased and a 9 CAP. Please contact agent at 616-638-6019 for financials and additional details.
More Information MLS# 16041179
Location & Property Info
Cross Streets: Canal Ave. & Wilson Ave.
Property Sub-Type: Office
Municipality: Grandville City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 159.57
Prop Avail for Lease?: No
Current Bldg Use: Office Investment
General Property Info
New Construction: No
Lot Dimensions: 275' x 305'
Road Frontage: 275
Mineral Rights: Unknown
Waterfront: No
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 18800
Total Net SqFt: 18800
Property Use Type: Investment
School District: Grandville
Lot Measurement: Acres
Lot Acres: 2.66
Lot Square Footage: 115869
Year Built: 2007
Full Baths: 8
Tax Info
Taxable Value: 917143
SEV: 1049300
For Tax Year: 2016
Seller's Annual Property Tax: 1
Tax Year: 2016
Homestead %: 0
Spec Assessment & Type: Unknown
Non-Conforming Use: No
Zoning: OS-1
Tax ID #: 41-17-30-227-007
Remarks & Misc
Legal: Lengthy Legal.
Status Change Info
Sold Price/SqFt: 151.6
Under Contract Date: 2016-08-16
Sold Date: 2016-10-04
Sold Price: $2,850,000
Additional Details
Total Parking Spaces: 108
Street Type
Paved: 1
Property Use
Investment: 1
Net Leased (nnn): 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Construction Type
Frame/Wood: 1
Exterior Material
Brick: 1
Stone: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Aerial Photo: 1
Plat Map: 1
Survey: 1
Business Includes
Real Estate: 1
Additional Features
Multi User Facility: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Paved: 1
Docs Req Conf Agrmnt
Financials: 1
Leases: 1
Rent Roll: 1
Site Plan: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 4249
Street Name: Parkway Place
Suffix: Drive
State: MI
Zip Code: 49418
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $2,850,000
List Price: $3,000,000
Listing Date: 2016-08-09
Remarks Misc
Directions: Rivertown Parkway to Canal Avenue, SW. North on Canal then east on 44th St. SW and Parkway Place is the first street on the right.
Property Features
Property Use: Investment; Net Leased (nnn)
Uses: Professional/Office
Ownership: LLC
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Brick; Stone
Roofing: Composition
Below Grade: None
Additional Features: Multi User Facility
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo; Plat Map; Survey
Docs Req Conf Agrmnt: Financials; Leases; Rent Roll; Site Plan
Sale Conditions: None
Possession: Close Of Escrow
Listing Office:
Cherette Group
Listing Agent:
Dennis L Cherette
Last Updated: October - 20 - 2021
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.
