$1,080,000
4061 Plainfield Avenue NE, Grand Rapids, MI 49525
3 baths
- Lot
- 0.70 acres
- Built
- 1971
- Type
- Business
- On market
- 28 days
DescriptionShowHide
Don't miss this outstanding investment opportunity featuring three fully leased commercial units totaling approximately 8,100 square feet in the highly traveled Plainfield Avenue Corridor. This property offers excellent visibility and exposure, making it an attractive location for long-term tenants and future appreciation. All three units are fully occupied with lease NNN terms extending another 4 to 5 years, providing immediate, stable cash flow for investors. The building is well-equipped for a variety of commercial and retail uses, featuring service bays and overhead doors that add flexibility and functionality for tenants. Strategically positioned along one of the area's busiest commercial corridors, this property benefits from strong traffic counts, excellent accessibility, and a thriving business environment. Performs at an 8 CAP + currently with annual escalations. Package this listing up with the next-door bank building and acreage to the west for a redevelopment site.
Facts & features
Interior4
- Bathrooms
- 3
- Full baths
- 3
- Stories
- 1
- Interior features
- Broadband
Heating, cooling & utilities2
- Heating
- Forced Air
- Utilities
- Phone Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Exterior & construction4
- Lot size
- 0.70 acres
- Construction
- Brick
- Roof
- Rubber
- Year built
- 1971
Property details7
- Type
- OTHER
- Sub-type
- Business
- County
- Kent
- Parcel #
- 41-10-33-253-024
- Days on market
- 28
- MLS #
- 26038601
- Status
- Active
District: Northview
No individual schools were listed for this home.
Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.
DocumentsShowHide
Documents provided through the MLS where permitted for public display.
Price & tax historyShowHide
- $1,080,000
Listing courtesy of Apex Realty Group · Brian T DeSmit
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