4000, Remembrance, Grand Rapids, MI, 49534
Basics
- Date added: Added 4 weeks ago
- Category: Commercial Sale
- Type: Office
- Status: Active
- Bathrooms: 5
- Lot size: 1 sq ft
- Year built: 1940
- Bathrooms Full: 5
- Lot Size Acres: 1 acres
- Business Type: Professional/Office, Professional Service, Restaurant, Distribution, Bar/Tavern/Lounge, Storage, Retail
- County: Kent
- MLS ID: 25054795
Description
-
Description:
Excellent Investment Opportunity!
Show all description
This versatile commercial property offers strong income potential with five rentable units, currently generating $5,900 per month and a total potential income of $9,900 per month when fully leased.
The building is equipped with a dual 23' hood system (included in the sale), while other equipment — such as coolers, freezers, and commercial appliances — may be negotiated separately. Additional features include two updated office spaces, a 2,000 sq. ft. storage area with bay doors, commercial water heater, dishwashing system, updated plumbing, and newer gutters.
Fully up to code and ready for additional tenants, this property provides excellent flexibility for investors or business owners looking to expand their portfolio. A separate business opportunity is also available, with land contract options for qualified buyers.
Location
- Directions: Head east on I-96 E from Muskegon toward Grand Rapids, and continue for about 30 miles. Take Exit 26B for M-11 W/Wilson Ave toward Walker. Merge onto Wilson Ave NW and continue for about 1.2 miles. Turn right onto Remembrance Rd NW and continue for about 1.5 miles. Your destination will be on the right.
Building Details
- Building Area Total: 8446 sq ft
- Number Of Units Total: 5
- Construction Materials: Block, Vinyl Siding, Brick, Stone
- Heating: Forced Air
- Building Features: Multi User Facility
- Roof: Composition, Rubber
- Number Of Buildings: 1
Amenities & Features
- Inclusions: Real Estate, Equipment
- Utilities: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected
- Interior Features: Broadband
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $218,948
- Tax Year: 2024
- Tax Annual Amount: $10,094
School Information
- High School District: Kenowa Hills
Miscellaneous
- CrossStreet: Kinney Ave NW
- Listing Terms: Conventional, Cash
