o-1600 Lake Michigan Drive NW, Grand Rapids, MI 49534 (MLS# 20047528)
o-1600 Lake Michigan Drive NW, Grand Rapids, MI 49534
$955,000
Property Type:
Commercial Sale
Square Footage:
7,800
Lot Size (sq. ft.):
179,068
Status:
Sold
Current Price:
$1,200,000
List Date:
11/13/2020
Last Modified:
11/27/2022
Description
Prime commercial building on Lake Michigan Drive (M-45) between Standale and Allendale located on over 4 acres. Daily traffic is in access of 20,000 along this major throughway. Building is 150' x 52' wide, with 11' ceilings and 11 overhead doors and bays. This prime and desirable location affords many possible uses along M-45, storage units, restaurant, auto wash, etc. Formally the Grand Valley Auto Auction and the business can still be run as the auto dealership.
More Information MLS# 20047528
Location & Property Info
Cross Streets: 14th and Lake Michigan Ave
Property Sub-Type: Business Opportunity
Municipality: Tallmadge Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 153.85
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 500 x 400
Road Frontage: 500
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 7800
School District: Grandville
Lot Measurement: Acres
Lot Acres: 4.11
Lot Square Footage: 179068
Year Built: 1980
Full Baths: 5
Tax Info
Taxable Value: 225927
SEV: 307400
For Tax Year: 2020
Seller's Annual Property Tax: 13424
Tax Year: 2020
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: None Known
Tax ID #: 701026100017
Remarks & Misc
Legal: W 400 FT OF N 500.06 FT OF NW 1/4 OF NW 1/4, EXC M-45 R/W. SEC 26 T7N R13W
Status Change Info
Sold Price/SqFt: 122.44
Under Contract Date: 2021-02-16
Sold Date: 2021-05-19
Sold Price: $955,000
Street Type
Paved: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Uses
Auto Service: 1
Bar/Tavern/Lounge: 1
Distribution: 1
Institutional: 1
Manufacturing: 1
Professional Service: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Retail: 1
Storage: 1
Other: 1
Construction Type
Block: 1
Concrete: 1
Exterior Material
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Other: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Business Includes
Real Estate: 1
Other: 1
Additional Features
Barrier Free: 1
Bath Common Area: 1
Clearspan: 1
Expandable: 1
Fenced Storage: 1
Util Avail at St
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Ottawa
Street #: o-1600
Street Name: Lake Michigan
Suffix: Drive
Post Direction: NW
State: MI
Zip Code: 49534
Zip (4): 8920
Area: North Ottawa County - N
OfficeContract Info
Status: Sold
Current Price: $955,000
List Price: $1,200,000
Listing Date: 2020-11-13
Remarks Misc
Directions: S on Wilson, W on Lake Michigan Drive to Property
Property Features
Uses: Auto Service; Bar/Tavern/Lounge; Distribution; Institutional; Manufacturing; Professional Service; Professional/Office; Recreation; Restaurant; Retail; Storage; Other
Ownership: Other
Business Includes: Real Estate; Other
Construction Type: Block; Concrete
Exterior Material: Brick
Roofing: Composition
Below Grade: None
Additional Features: Barrier Free; Bath Common Area; Clearspan; Expandable; Fenced Storage
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Office:
RE/MAX Lakeshore
Listing Agent:
Sandi L Gentry
Last Updated: November - 27 - 2022
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