For Sale
$739,900

4000 Remembrance Rd Walker, MI 49534

Five-unit commercial building, high rental potential.

Overview

Added:
Feb 3
Days on market:
74
This exceptional investment opportunity presents a five-unit commercial building situated on a one-acre lot at 4000 Remembrance Road NW in Walker, MI. Currently, two units are leased: a flower shop generating $1,200 per month in rent and a commercial kitchen bringing in $1,350 monthly. This translates to a current combined monthly income of $2,550. The property boasts significant upside potential with three additional vacant units ready for immediate occupancy. These include a second commercial kitchen and two updated office spaces, offering a total potential monthly rental income of $9,150. The building is equipped with modern amenities designed to attract tenants, including newer three-phase ground-run power, a dual 23-foot hood system, two walk-in coolers, and an 8x6 freezer. Further enhancing its appeal are updated plumbing and gutters, a commercial water heater, a dishwashing system, and a substantial 2,000 square-foot storage area complete with bay doors. Both office spaces have undergone recent renovations. The building is fully compliant with all applicable codes and regulations, making it an ideal investment for immediate income generation and future growth. A separate business is also available for purchase via a land contract. The building has a floor load capacity of 1 ton. Priced at $739,900.

Property Details for 4000 Remembrance Rd

Property type
Commercial real estate
Year Built
1940
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Walker
County
Kent
State
Michigan
Latitude
43.00094
Longitude
-85.76775
4000 Remembrance Rd, Walker, Michigan

FAQs

What type of property is this?
Commercial real estate - Five-unit commercial building, high rental potential.
Where is the commercial real estate located?
The property is located at 4000 Remembrance Rd Walker, MI.
What is the asking price?
The asking price for this property is $739,900.
How can I contact the broker?
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4000 Remembrance Rd
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