946 948 Fulton E, Grand Rapids, MI 49503 (MLS# 22022171)
946 948 Fulton E, Grand Rapids, MI 49503
$1,199,000
Property Type:
Commercial Sale
Baths:
2
Square Footage:
9,752
Lot Size (sq. ft.):
4,182
Status:
Sold
Current Price:
$1,199,000
List Date:
6/06/2022
Last Modified:
9/28/2022
Description
Check out this unique opportunity to own a piece of history in Grand Rapids. Two apartments and now one retail space with its own parking lot. The building was two separate units, currently adjoined, and easily converted back. Even has separate HVAC and utilities!
The apartments are a cool urban living space including, hardwood floors, brick walls, tall ceilings and a fun outdoor sitting space, both units are 2 bedroom 1 bath.
The retail space is currently occupied by Bluedoor Home Collective, 3680 sq feet on the main floor plus an additional 3680 sq ft in the lower level also used as retail space. Walking distance from coffee shops, delis, bakeries and a short bike ride into downtown! See attached list of improvements.
Supplements: You don't want to miss out on this amazing opportunity, own this commercial piece with two rentable units, 946-2 completely renovated along with a replaced Heating/cool system (2013) and a new roof above the first floor in 2018, 948-2 with new Central air installation, replaced heating/cooling and a new roof over the first floor. Back and side parking lot were re-paved in 2021.
More Information MLS# 22022171
Location & Property Info
Cross Streets: Diamond
Property Sub-Type: Retail
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 122.95
Prop Avail for Lease?: No
Current Bldg Use: Retail, Apartments
General Property Info
New Construction: No
Lot Dimensions: 88x46
Road Frontage: 46
Mineral Rights: Unknown
Waterfront: No
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
# Fin Bldg Lvls: 3
Total SqFt: 9752
Property Use Type: Business
School District: Grand Rapids
Lot Measurement: Acres
Lot Acres: 0.1
Lot Square Footage: 4182
Year Built: 1920
Full Baths: 3
Total Baths: 2
Tax Info
Taxable Value: 81579
SEV: 163800
For Tax Year: 2021
Seller's Annual Property Tax: 4251.22
Tax Year: 2021
Homestead %: 0
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: res,com
Tax ID #: 41-14-29-304-003
Remarks & Misc
Legal: LOT 10* HENRY C RYSKAMP S ADDITION
Status Change Info
Sold Price/SqFt: 122.95
Under Contract Date: 2022-06-10
Sold Date: 2022-09-28
Sold Price: $1,199,000
Additional Details
Floor Load: 1
Street Type
Paved: 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Retail: 1
Other: 1
Construction Type
Concrete: 1
Pole/Wood: 1
Exterior Material
Block: 1
Brick: 1
Stone: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Full: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Util Avail at St
Cable Available: 1
Phone Available: 1
Tenant Pays All
Electric: 1
Gas: 1
Sewer: 1
Water: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: Blue door
SqFt: 7360
Rent $/Month: 3500
Unit 2
Unit Description: month to month rent
Occupied: Yes
Rent $/Month: 1000
Unit 3
Unit Description: month to month rent
SqFt: 1196
Occupied: Yes
Rent $/Month: 1000
Possession
See Remarks: 1
Location Property Info
County: Kent
Street #: 946 948
Street Name: Fulton
Post Direction: E
State: MI
Zip Code: 49503
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $1,199,000
List Price: $1,199,000
Listing Date: 2022-06-06
Remarks Misc
Directions: west of Diamond on Fulton.
Property Features
Property Use: Business; Investment
Uses: Professional/Office; Retail; Other
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Concrete; Pole/Wood
Exterior Material: Block; Brick; Stone
Roofing: Composition
Below Grade: Basement; Full
Tenant Pays All: Electric; Gas; Sewer; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: See Remarks
Renovation list ›
Listing Office:
JH Realty Partners
Listing Agent:
John D Doorn
Last Updated: September - 28 - 2022
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