$650,000
1809 Plainfield Avenue NE, Grand Rapids, MI 49503
4 baths
- Lot
- 0.10 acres
- Built
- 1910
- Type
- Retail
- On market
- 20 days
DescriptionShowHide
Excellent opportunity to acquire a fully occupied, five-suite commercial investment property along the highly visible Plainfield Avenue corridor in Grand Rapids' desirable Creston neighborhood. The building offers approximately 5,000 square feet of total rentable space including recently renovated basement offices, providing multiple income streams, and reduced exposure to any single tenant. The tenant mix includes a restaurant space equipped with a commercial hood, fire-suppression system, grease trap, kitchen, , along with four additional commercial suites. The entire building is currently leased and offers investors a strong capitalization rate with immediate income from a diversified tenant base. Located near established restaurants, retailers, residential neighborhoods and public transportation, this is a compelling opportunity to acquire a stabilized commercial asset with long-term upside in one of Grand Rapids' active neighborhood business corridors.
Facts & features
Interior3
- Bathrooms
- 4
- Full baths
- 4
- Stories
- 5000
Heating, cooling & utilities3
- Heating
- Forced Air
- Cooling / AC
- Central Air
- Utilities
- Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Exterior & construction3
- Lot size
- 0.10 acres
- Construction
- Block, Brick
- Year built
- 1910
Property details7
- Type
- OTHER
- Sub-type
- Retail
- County
- Kent
- Parcel #
- 41-14-18-205-004
- Days on market
- 20
- MLS #
- 26046990
- Status
- Active
District: Grand Rapids
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.
Price & tax historyShowHide
- $700,000▲ $50,000
- $650,000
Listing courtesy of Kilner Group Realty · Joseph B Kilner
616-498-8251 · joe@kilnergroupmi.com
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