2935 Buchanan SW Avenue Active

Grand Rapids,MI 49548

$ 1490000

- Bed

4 Baths

8945 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 8,945 sqft

Price per Sqft $166

Municipality City of Wyoming

MLS Listing ID 24045337

Full Baths 4

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1984

Annual Tax Amount $9,421

Tax Year 2023

Lot Size 0.633 Acres

Acres 0.63

Lot Dimensions 165 x 167

Property Description

Excellent investment opportunity. Highly profitable Executive Office Suites for sale/lease. The property sits on a large corner lot, conveniently located near US 131 and is minutes from downtown Grand Rapids. Most of the building has received an extensive remodel including a shared kitchen facility, restrooms, conference and training rooms, new A/C on the north side of the building and eight furnished executive suites, with potential for more growth and income. Property also has 25+ parking spaces.

Location

State MI

County Kent

Area Grand Rapids - G

Direction 28th Street to Buchanan, go south. Turn right on Colrain for parking.

Interior

Heating Forced Air

Cooling Central Air

Inclusions Real Estate, Furniture

Exterior

Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected

Waterfront No

View Y/N No

Total Parking Spaces 25

Building

Building Description Brick, Multi User Facility

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

School District Wyoming

Others

Tax ID 41-17-13-202-009

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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