2741 28th Street SE, Grand Rapids, MI 49512 (MLS# 14001282)

2741 28th Street SE, Grand Rapids, MI 49512

$1,000,000

Property Type: Commercial Sale Square Footage: 40,200 Lot Size (sq. ft.): 125,017 Status: Sold

Current Price: $1,350,000 List Date: 1/03/2014 Last Modified: 1/08/2025

Description

#2023 40,000 sf retail building 80% leased through the end of 2018 to Pine Rest as their resale store. $193,000 annual income with escalators and renewal options. Two additional storefronts available totaling approximately 8,000 for additional income. Hot 28th Street location near Woodland Mall. Call listing agent for more details.

More Information MLS# 14001282

Location Property Info

County: Kent Street #: 2741 Street Name: 28th Suffix: Street Post Direction: SE State: MI Zip Code: 49512 Area: Grand Rapids - G

OfficeContract Info

Status: Sold Current Price: $1,000,000 List Price: $1,350,000 Listing Date: 2013-11-30

General Property Info

Lot Measurement: Acres Lot Acres: 2.87 Lot Square Footage: 125017 Lot Dimensions: 421' x 1179' x 430' x 1176 Year Built: 1971 Road Frontage: 1600 Listing Number Display: 14001282 Total # Units: 3 # Fin Bldg Lvls: 1 Total # Bldgs: 1 Total SqFt: 40200 Waterfront: No School District: Grand Rapids

Tax Info

Tax ID #: 411810451022 Taxable Value: 1000000 SEV: 1000000 For Tax Year: 2012 Seller's Annual Property Tax: 51460 Tax Year: 2012 Spec Assessment & Type: None known Non-Conforming Use: No Zoning: COMMERCIAL

Remarks Misc

Directions: 28th St. to address (northeast corner of Woodlawn Ave. & 28th St., west of M-37)

Status Change Info

Under Contract Date: 2013-12-10 Sold Date: 2013-12-31 Sold Price: $1,000,000 Sold Price/SqFt: 24.88

Additional Details

# Loading Docks/Well: 3 Ceiling Height: 12

Property Features

Uses: Professional Service; Professional/Office; Retail; Storage Ownership: Other Business Includes: Non-Applicable Construction Type: Block; Steel Exterior Material: Block; Stucco Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Purchase Terms Avail: Cash; Conventional Sale Conditions: REO/Bank Owned

Listing Office: Coldwell Banker Woodland Schmidt Commercial

Listing Agent: James Edewaard

Last Updated: January - 08 - 2025

2741 28th Street SE, Grand Rapids, MI 49512- MLS# 14001282

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