For Sale
$1,490,000

2935 Buchanan Ave Wyoming, MI 49548

Profitable Office Building, Prime Location

Overview

Added:
Feb 3
Days on market:
74
This exceptional investment opportunity presents a highly profitable executive office suite complex situated on a sizable 0.63-acre corner lot in Wyoming, Michigan. The property enjoys an enviable location, offering convenient access to US-131 and proximity to downtown Grand Rapids, ensuring high visibility and accessibility for tenants. The building itself has undergone significant renovations, boasting a modern and functional design. Improvements include a newly remodeled shared kitchen facility, updated restrooms, and dedicated conference and training rooms. The north side of the building features a new air conditioning system, enhancing tenant comfort and operational efficiency. Currently, the property includes eight fully furnished executive suites, each designed to meet the needs of modern businesses. However, there's significant potential for further expansion and increased income generation through the development of additional suites or alternative uses within the existing space. Ample parking is provided with over 25 spaces available. This turnkey operation presents a rare opportunity for investors seeking a stable, high-return investment in a thriving market. The property's prime location, modern amenities, and potential for growth make it an exceptional addition to any commercial real estate portfolio. The asking price is $1,490,000.

Property Details for 2935 Buchanan Ave

Property type
Commercial real estate
Year Built
1984
Lot Size (sq. ft)
27,443 SF

Location Insight

City
Wyoming
County
Kent
State
Michigan
Latitude
42.91032
Longitude
-85.67115
2935 Buchanan Ave, Wyoming, Michigan

FAQs

What type of property is this?
Commercial real estate - Profitable Office Building, Prime Location
Where is the commercial real estate located?
The property is located at 2935 Buchanan Ave Wyoming, MI.
What is the asking price?
The asking price for this property is $1,490,000.
How can I contact the broker?
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2935 Buchanan Ave
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