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1850 28th SE Street, Grand Rapids, MI 49508
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$1,599,000
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Home Details for 1850 28th SE Street
Price
$1,599,000
Type
Commercial/Industrial
Year Build
1988
Lot Size
3.61
County
Kent
Tax
$30,928
MLS®️ Listing#
25016435
On exitrealty.com
135 days
Property Description
Great opportunity for a fully leased automotive retail Grand Rapids commercial property with unused land area for possible additional venture/expansion. A Suite could be available for Owner Operator! Approximately 8.5% cap rate at current asking price. Seller will look at any reasonable offer. Desirable 28th Street frontage across from Indian Trails Golf course between Kalamazoo Ave and Breton. Call for lease info, environmental info, and to schedule a tour. Current monthly gross lease total of $15,500. Environmental done 2020: no corrective actions necessary.
- Utilities
- Natural Gas Available
- Phone Available
- Electricity Available
- Phone Connected
- Natural Gas Connected
- Electricity Connected
- Heating Information
- Natural Gas
- Radiant
- Water Features
- Public
- Parking
- Paved
Listing Courtesy: Bialik Real Estate LLC - 616-710-1220. Presented by: Nathaniel R Bialik
The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2025 Southwestern Michigan Regional Information Center, LLC. All rights reserved.See average values in the proximity of this property
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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$1,599,000
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EXIT REAL ESTATE OF LUDINGTON
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