4249 Parkway Place Drive, Grandville, MI 49418 (MLS# 16041179)

4249 Parkway Place Drive, Grandville, MI 49418

$2,850,000

Virtual Tour

http://www.propertypanorama.com/instaview/wmlar/16041179

Property Type: Commercial Sale Square Footage: 18,800 Lot Size (sq. ft.): 115,869 Status: Sold

Current Price: $3,000,000 List Date: 8/09/2016 Last Modified: 10/20/2021

Description

This is a fantastic investment opportunity to own a fully leased, multitenant, office building just north of Rivertown Parkway in Grandville, MI. The 2.66 acre property has frontage on 44th Street, SW to the north and Parkway Place to the south. Parkway place provides shared access to the Harold Zeigler Dealership, as well as several other professional office buildings nearby. Building is 100% leased and a 9 CAP. Please contact agent at 616-638-6019 for financials and additional details.

More Information MLS# 16041179

Location Property Info

County: Kent Street #: 4249 Street Name: Parkway Place Suffix: Drive State: MI Zip Code: 49418 Area: Grand Rapids - G

OfficeContract Info

Status: Sold Current Price: $2,850,000 List Price: $3,000,000 Listing Date: 2016-08-09

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 2.66 Lot Square Footage: 115869 Lot Dimensions: 275' x 305' Year Built: 2007 Road Frontage: 275 Mineral Rights: Unknown Total # Units: 4 # Fin Bldg Lvls: 1 # of Diff Unit Floor Plans: 4 Total # Bldgs: 1 Total SqFt: 18800 Total Net SqFt: 18800 Property Use Type: Investment Full Baths: 8 Waterfront: No School District: Grandville

Tax Info

Tax ID #: 41-17-30-227-007 Taxable Value: 917143 SEV: 1049300 For Tax Year: 2016 Seller's Annual Property Tax: 1 Tax Year: 2016 Spec Assessment & Type: Unknown Non-Conforming Use: No Zoning: OS-1

Remarks Misc

Directions: Rivertown Parkway to Canal Avenue, SW. North on Canal then east on 44th St. SW and Parkway Place is the first street on the right.

Status Change Info

Under Contract Date: 2016-08-16 Sold Date: 2016-10-04 Sold Price: $2,850,000 Sold Price/SqFt: 151.6

Additional Details

Total Parking Spaces: 108

Property Features

Property Use: Investment; Net Leased (nnn) Uses: Professional/Office Ownership: LLC Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Brick; Stone Roofing: Composition Below Grade: None Additional Features: Multi User Facility Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Plat Map; Survey Docs Req Conf Agrmnt: Financials; Leases; Rent Roll; Site Plan Sale Conditions: None Possession: Close Of Escrow

Listing Office: Cherette Group

Listing Agent: Dennis Cherette

Last Updated: October - 20 - 2021

4249 Parkway Place Drive, Grandville, MI 49418- MLS# 16041179

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