845 4 Mile Rd NW
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845 4 Mile Rd NW
3,224 SF 100% Leased Retail Building Grand Rapids, MI 49544 $1,100,000 ($341/SF)
Investment Highlights
- Heavy daytime foot traffic.
- Well maintained structure with spacious interior layout.
- Zoned as C-2, this property presents versatility and potential for a variety of office or commercial uses.
- Located in a prime location in Grand Rapids.
Executive Summary
Welcome to 845 4 Mile, an exceptional commercial property located at one of the most bustling intersections in Grand Rapids. This versatile building offers a myriad of opportunities for entrepreneurs and businesses alike. With zoning that accommodates retail shops, professional offices, restaurants, and more, the possibilities are truly endless. Currently, half of the building is configured for a dry-cleaning service, while the other two units are vacant and ready for your vision. Whether you're looking to start a new venture or expand an existing one, this prime location is your canvas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,224 SF
Building Class
C
Year Built
1985
Price
$1,100,000
Price Per SF
$341
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.42 AC
Zoning
C-2 - Commercial/Light Industrial District is established to preserve a district for light industrial uses, along with compatible commercial uses.
Parking
20 Spaces (6.2 Spaces per 1,000 SF Leased)
Frontage
140 FT on 4 Mile Road Northwest
Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 41-09-35-490-019 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $118,600 |
PROPERTY TAXES
Parcel Number
41-09-35-490-019
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$118,600
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845 4 Mile Rd NW
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