4061, Plainfield, Grand Rapids, MI, 49525
Basics
- Date added: Added 2 days ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 3
- Lot size: 0.7 sq ft
- Year built: 1971
- Bathrooms Full: 3
- Lot Size Acres: 0.7 acres
- Business Type: Other, Auto Service, Professional/Office, Professional Service, Restaurant, Storage, Retail
- County: Kent
- MLS ID: 26038601
Description
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Description:
Don't miss this outstanding investment opportunity featuring three fully leased commercial units totaling approximately 8,100 square feet in the highly traveled Plainfield Avenue Corridor. This property offers excellent visibility and exposure, making it an attractive location for long-term tenants and future appreciation. All three units are fully occupied with lease NNN terms extending another 4 to 5 years, providing immediate, stable cash flow for investors. The building is well-equipped for a variety of commercial and retail uses, featuring service bays and overhead doors that add flexibility and functionality for tenants. Strategically positioned along one of the area's busiest commercial corridors, this property benefits from strong traffic counts, excellent accessibility, and a thriving business environment. Performs at an 8 CAP + currently with annual escalations. Package this listing up with the next-door bank building and acreage to the west for a redevelopment site.
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Location
- Directions: From 96, north on Plainfield Ave to property.
Building Details
- Building Area Total: 8126 sq ft
- Number Of Units Total: 3
- Construction Materials: Brick
- Heating: Forced Air
- Roof: Rubber
- Number Of Buildings: 1
Amenities & Features
- Inclusions: Non-Applicable
- Utilities: Phone Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
- Interior Features: Broadband
Fees & Taxes
- Tax Assessed Value: $350,300
- Tax Year: 2026
- Tax Annual Amount: $17,682
School Information
- High School District: Northview
Miscellaneous
- CrossStreet: Plainfield Ave & Jupiter
- Listing Terms: Conventional, Cash
- Tenant Pays: Prop Taxes/Assess, Common Area Maintenance, Electric, Gas, Janitorial, Sewer, Trash, Water