4249 Parkway Place Drive, Grandville, MI 49418 (MLS# 16041179)
4249 Parkway Place Drive, Grandville, MI 49418
$2,850,000
Property Type:
Commercial Sale
Square Footage:
18,800
Lot Size (sq. ft.):
115,869
Status:
Sold
Current Price:
$3,000,000
List Date:
8/09/2016
Last Modified:
10/20/2021
Overview
Description
This is a fantastic investment opportunity to own a fully leased, multitenant, office building just north of Rivertown Parkway in Grandville, MI.
The 2.66 acre property has frontage on 44th Street, SW to the north and Parkway Place to the south. Parkway place provides shared access to the
Harold Zeigler Dealership, as well as several other professional office
buildings nearby. Building is 100% leased and a 9 CAP. Please contact agent at 616-638-6019 for financials and additional details.
Listing Details MLS# 16041179
Location Property Info
- County
- Kent
- Street #
- 4249
- Street Name
- Parkway Place
- Suffix
- Drive
- State
- MI
- Zip Code
- 49418
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 2.66
- Lot Square Footage
- 115869
- Lot Dimensions
- 275' x 305'
- Year Built
- 2007
- Road Frontage
- 275
- Mineral Rights
- Unknown
- Total # Units
- 4
- # Fin Bldg Lvls
- Yes
- # of Diff Unit Floor Plans
- 4
- Total # Bldgs
- Yes
- Total SqFt
- 18800
- Total Net SqFt
- 18800
- Property Use Type
- Investment
- Full Baths
- 8
- Waterfront
- No
- School District
- Grandville
Tax Info
- Tax ID #
- 41-17-30-227-007
- Taxable Value
- 917143
- SEV
- 1049300
- For Tax Year
- 2016
- Seller's Annual Property Tax
- Yes
- Tax Year
- 2016
- Spec Assessment & Type
- Unknown
- Non-Conforming Use
- No
- Zoning
- OS-1
- Homestead %
- 0
Remarks Misc
- Directions
- Rivertown Parkway to Canal Avenue, SW. North on Canal then east on 44th St. SW and Parkway Place is the first street on the right.
Status Change Info
- Under Contract Date
- 2016-08-16
- Sold Date
- 2016-10-04
- Sold Price/SqFt
- 151.6
More Information
Additional Details
- Total Parking Spaces
- 108
Location & Property Info
- Cross Streets
- Canal Ave. & Wilson Ave.
- Property Sub-Type
- Office
- Area
- Grand Rapids - G
- Municipality
- Grandville City
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 159.57
- Prop Avail for Lease?
- No
- Current Bldg Use
- Office Investment
Remarks & Misc
- Legal
- Lengthy Legal.
Street Type
- Paved
- Yes
Property Use
- Investment
- Yes
- Net Leased (nnn)
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Professional/Office
- Yes
Construction Type
- Frame/Wood
- Yes
Exterior Material
- Brick
- Yes
- Stone
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Below Grade
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Docs at List Office
- Aerial Photo
- Yes
- Plat Map
- Yes
- Survey
- Yes
Business Includes
- Real Estate
- Yes
Additional Features
- Multi User Facility
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Driveway
- Paved
- Yes
Docs Req Conf Agrmnt
- Financials
- Yes
- Leases
- Yes
- Rent Roll
- Yes
- Site Plan
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Property Use:
Investment; Net Leased (nnn)
Uses:
Professional/Office
Ownership:
LLC
Business Includes:
Real Estate
Construction Type:
Frame/Wood
Exterior Material:
Brick; Stone
Roofing:
Composition
Below Grade:
None
Additional Features:
Multi User Facility
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Driveway:
Paved
Street Type:
Paved
Purchase Terms Avail:
Cash; Conventional
Docs at List Office:
Aerial Photo; Plat Map; Survey
Docs Req Conf Agrmnt:
Financials; Leases; Rent Roll; Site Plan
Sale Conditions:
None
Possession:
Close Of Escrow
Listing Office:
Cherette Group
Listing Agent:
Dennis L Cherette
Last Updated: October - 20 - 2021
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