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Richard Stewart

richard@2693457000.com +1(269) 217-0411

$ 1,080,000

Est. payment | -/mo

3 Baths

8,126 SqFt

Save

$ 1,080,000

Est. payment | -/mo

Save

3 Baths

8,126 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,126 sqft

Price per Sqft $132

Municipality Plainfield Twp

MLS Listing ID 26038601

Full Baths 3

Year Built 1971

Annual Tax Amount $17,682

Tax Year 2026

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions 140x245 IRREG

Property Sub-Type Business

Source Michigan Regional Information Center (MichRIC)

Property Description

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.

Location

State MI

County Kent

Direction From 96, north on Plainfield Ave to property.

Interior

Interior Features Broadband

Heating Forced Air

Inclusions Non-Applicable

Exterior

Utilities Available Phone Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Rubber

Building

Structure Type Brick

New Construction No

Schools

School District Northview

Others

Tax ID 41-10-33-253-024

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Apex Realty Group

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

4061 Plainfield NE Avenue Grand Rapids, MI 49525