realsimpli

$650,000

Active

1809 Plainfield Avenue NE, Grand Rapids, MI 49503

4 baths

Lot
0.10 acres
Built
1910
Type
Retail
On market
9 days
DescriptionShow

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
9
MLS #
26050523
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 historyShow
  1. No recorded history for this property.

Listing courtesy of Mantle Realty Co. · John McMahon

616-802-7889 · john@mantlere.com

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