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: $1,350,000 List Date: 1/03/2014 Last Modified: 1/08/2025

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.

More Information MLS# 14001282

Location & Property Info

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

Office/Contract Info

List Price/SqFt: 33.58 Prop Avail for Lease?: No

General Property Info

Lot Dimensions: 421' x 1179' x 430' x 1176 Road Frontage: 1600 Listing Number Display: 14001282 Waterfront: No Total # Units: 3 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 40200 School District: Grand Rapids Lot Measurement: Acres Lot Acres: 2.87 Lot Square Footage: 125017 Year Built: 1971

Tax Info

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 Tax ID #: 411810451022

Remarks & Misc

Legal: ATTACHED

Status Change Info

Sold Price/SqFt: 24.88 Under Contract Date: 2013-12-10 Sold Date: 2013-12-31 Sold Price: $1,000,000

Additional Details

# Loading Docks/Well: 3 Ceiling Height: 12

Utilities Attached

Cable Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Professional Service: 1 Professional/Office: 1 Retail: 1 Storage: 1

Construction Type

Block: 1 Steel: 1

Exterior Material

Block: 1 Stucco: 1

Heat Source

Natural Gas: 1

Sale Conditions

REO/Bank Owned: 1

Ownership

Other: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Business Includes

Non-Applicable: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Storm Sewer: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

County: Kent Street #: 2741 Street Name: 28th Suffix: Street Post Direction: SE State: MI Zip Code: 49512 Area: Grand Rapids - G

OfficeContract Info

Status: Sold Current Price: $1,000,000 List Price: $1,350,000 Listing Date: 2013-11-30

Remarks Misc

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

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
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