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1353 Kalamazoo Ave SE

4,977 SF 100% Leased Retail Building Grand Rapids, MI 49507 $650,000 ($131/SF)

Investment Highlights

  • Located in the heart of Boston Square.

Executive Summary

This Multi Use, two-story building is in the heart of Boston Square which is part of Grand Rapids Amplify 2.0’s neighborhood revitalization project. Excellent opportunity to live/work with a dynamic and growing community. Great as an investment property. Great for coffee, Cafe, restaurant, clothing store. Ample street parking and two ingress/egress. New Furnace installed in 2017. New AC/HVAC., tankless water heater, and new roof all Installed in 2018. Roof still has 15-year transferable warranty. There are two 2-bedroom, one bath units on the second floor. One is vacant and one is occupied.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,977 SF
Building Class
C
Year Built
1900
Price
$650,000
Price Per SF
$131
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Land Acres
0.34 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
20 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
109 FT on Adams St

Amenities

  • Bus Line
  • Signage
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-18-05-131-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$95,800
  • Listing ID: 29655867

  • Date on Market: 9/29/2023

  • Last Updated:

  • Address: 1353 Kalamazoo Ave SE, Grand Rapids, MI 49507

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