407 Turner Avenue NW, Grand Rapids, MI 49504 (MLS# 21109595)

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000

Downtown location Next to New Holland brewery

Building at night lit up from the street with new paint job and light scheme to attract views in business

Picture from across the street with a large parking lot Park and pay options for clients using parking perks app

Possible project to build includes MEDC money stated by Builder

New paint job with a nice light scheme at night for guest to park and pay

Front of building at 425 Turner currently rented out this is for lease or purchase three bays in an office

Indoor of small building located at 425 Turner next door also for lease or purchase

Lighted fence for guests to park using the parking Perks app cash flows

Main office there are 3-4 offices total with bathroom urinal and shower and upstairs loft with window.

Indoor of the building 7300 ft great for a event venue or repair facility 18 ft doors

Bridge and Turner Social District Westside Grand Rapids the new little Chicago

Property Type: Commercial Sale Square Footage: 7,316 Lot Size (sq. ft.): 13,809 Status: Active

Current Price: $1,475,000 List Date: 11/15/2024 Last Modified: 11/15/2024

Description

Owner is a licensed Realtor in the State of Michigan. Partnership on development options. New Amphitheater going in and soccer stadium Transitional City Center Grand Rapids Market is 6500 and in need of 10,000 new units per growth stated from the DDA ''Downtown Development Authority Social Zone and city incentives for signage and outdoor Furniture and heaters and island barriers Brownfield incentives Tax abatements New licenses available for class C and self pour brewery New West side mini Chicago district Waterfront commerce opening upon removal of the fish ladder NEW options available ...great news on update and no parking min required however we have spots. City Center Zoning District up to 20 stories regulations of Article 6 and Article 8 of the Zoning

More Information MLS# 21109595

Location & Property Info

Cross Streets: Bridge Street NW Property Sub-Type: Retail Municipality: Grand Rapids Twp Ownership Type: Broker/Agent Owned

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 201.61 Prop Avail for Lease?: Yes Current Bldg Use: Commercial

General Property Info

New Construction: No Lot Dimensions: 58 x 125 x 65 x 125 Road Frontage: 58 Waterfront: No Total # Units: 1 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 7316 Total Net SqFt: 7500 Property Use Type: Business School District: Grand Rapids Lot Measurement: Acres Lot Acres: 0.32 Lot Square Footage: 13809 Year Built: 1963 Full Baths: 1

Tax Info

Taxable Value: 220300 SEV: 111514 For Tax Year: 2021 Seller's Annual Property Tax: 5597 Tax Year: 2021 Homestead %: 0 Spec Assessment & Type: Commercial Non-Conforming Use: No Zoning: TCC Tax ID #: 41-13-24-384-007

Remarks & Misc

Legal: S 35 FT OF LOT 8 BLK 21 & E 1/2 OF GORE LOT 1 BLK 21 * SCRIBNER & TURNER'S ADDITION

Waterfront Options

Water Access Y/N: No

Additional Details

Total Parking Spaces: 40 Ceiling Height: 30 Power/Voltage: 120/240

Street Type

Paved: 1 Public: 1

SqFt Information

Security System: 1

Property Use

Business: 1 Investment: 1 Net Leased (nnn): 1 Vacant/Owner-User: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Auto Service: 1 Bar/Tavern/Lounge: 1 Professional Service: 1 Professional/Office: 1 Retail: 1 Storage: 1 Other: 1

Construction Type

Block: 1 Concrete: 1 Steel: 1

Exterior Material

Block: 1 Concrete: 1

Roofing

Rubber: 1 Stone: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1 Other: 1

Ownership

Proprietorship: 1

Below Grade

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Docs at List Office

Aerial Photo: 1 Survey: 1

Business Includes

Furniture: 1 Real Estate: 1

Additional Features

Fenced Storage: 1 Outdoor Storage: 1

Foundation

Block: 1

Util Avail at St

Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1

Tenant Pays All

Building Insurance: 1 Common Area Maintena: 1 Electric: 1 Gas: 1 Janitorial: 1 Management Fee: 1 Prop Taxes/Assess: 1 Sewer: 1 Trash: 1 Water: 1

Driveway

Asphalt: 1 Concrete: 1

Docs Req Conf Agrmnt

Site Plan: 1

Send to Econ Dev Org

MEDC: 1 SWMI First, Region 5: 1

Purchase Terms Avail

Cash: 1 Conventional: 1 Land Contract: 1

Business Opportunity

Business Name: DADDS MAGIC BUS

Location Property Info

County: Kent Street #: 407 Street Name: Turner Suffix: Avenue Post Direction: NW State: MI Zip Code: 49504 Zip (4): 5244 Area: Grand Rapids - G

OfficeContract Info

Status: Active Current Price: $1,475,000 List Price: $1,475,000 Listing Date: 2021-10-06

Remarks Misc

Directions: If coming from Bridge St NW: Turn North on to Broadway Ave NW and East on to First St NW and then South on to Turner Ave NW and the property is on the right side of the road.

Property Features

Property Use: Business; Investment; Net Leased (nnn); Vacant/Owner-User SqFt Information: Security System Uses: Auto Service; Bar/Tavern/Lounge; Professional Service; Professional/Office; Retail; Storage; Other Ownership: Proprietorship Business Includes: Furniture; Real Estate Construction Type: Block; Concrete; Steel Exterior Material: Block; Concrete Roofing: Rubber; Stone Foundation: Block Below Grade: None Additional Features: Fenced Storage; Outdoor Storage Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Electricity Available; High Speed Internet; Natural Gas Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Concrete Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional; Land Contract Docs at List Office: Aerial Photo; Survey Docs Req Conf Agrmnt: Site Plan Sale Conditions: None; Other Send to Econ Dev Org: MEDC; SWMI First, Region 5

Listing Office: Grand Rapids Realty & Investments LLC

Listing Agent: Frank N Roberts

Last Updated: November - 15 - 2024

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