2741 28th Street SE, Grand Rapids, MI 49512 (MLS# 14001282)

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: $1,000,000 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

Last Updated: January - 08 - 2025

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