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SW Grand Rapids Laundromat and Strip Center 2411-2417 36th St SW

5,030 SF 100% Leased Retail Building Wyoming, MI 49519 $1,000,000 ($199/SF)

Investment Highlights

  • Heavy Daytime Traffic
  • Opportunities to Increase Hours

Executive Summary

Northstar is pleased to present 2411 36th St SW, a multi-tenant retail center with 5,030 square feet of prime commercial space, available now for $1 million.
Anchored by a successful and well-established laundromat, this property offers a stable source of income. Encompassing approximately 0.72 acres of land, there is ample room for further development or diversification of tenant mix.
Positioned adjacent to the intersection of 36th Street SW and Byron Center Ave SW, this property benefits from a high-traffic location, ensuring maximum exposure, visibility and accessibility. 36th sees a daily average of +-4k in traffic count and Byron Center sees +-17k. This makes 20k+ at the intersection per day.
Contact a Listing agent today to learn more about this property and schedule a tour!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,030 SF
Building Class
C
Year Built
1968
Price
$1,000,000
Price Per SF
$199
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Land Acres
0.69 AC
Zoning
C - Commercial Zoned District
Parking
32 Spaces (6.36 Spaces per 1,000 SF Leased)
Frontage
91 FT on 36th St

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Mona's Cleaners
  • Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Mona's Cleaners Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-17-16-479-022
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$231,300
  • Listing ID: 30275625

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: 2411-2417 36th St SW, Wyoming, MI 49519

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