Grand Rapids, MI 49525
MLS# 26038601
Don't miss this outstanding investment opportunity featuring three fully leased commercial units totaling approximately 8,100 square feet in the highly traveled Plainfield Avenue Corridor. This property offers excellent visibility and exposure, making it an attractive location for long-term tenants and future appreciation. All three units are fully occupied with lease NNN terms extending another 4 to 5 years, providing immediate, stable cash flow for investors. The building is well-equipped for a variety of commercial and retail uses, featuring service bays and overhead doors that add flexibility and functionality for tenants. Strategically positioned along one of the area's busiest commercial corridors, this property benefits from strong traffic counts, excellent accessibility, and a thriving business environment. Performs at an 8 CAP + currently with annual escalations. Package this listing up with the next-door bank building and acreage to the west for a redevelopment site.
Listed by Brian T DeSmit · Apex Realty Group
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$5,461/mo
$216,000 down · $864,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
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