For Sale
$3,225,000

2411 36Th St Wyoming, MI 49519

High-traffic redevelopment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Wyoming, MI, commercial property offers a significant redevelopment opportunity. Encompassing three buildings totaling 11,317 square feet on a 1.55-acre lot, this multi-tenant portfolio presents a unique investment. Currently 67% occupied, the property features six units across three single-story buildings, zoned B-1. The asking price is $3,225,000, with a price per square foot of $284.97 and a land value of $2,080,000 per acre. Individual building sale prices are available. The property's prime location at a busy intersection in Wyoming, MI (49519), boasts high vehicular and pedestrian traffic due to its proximity to schools and churches. This makes it ideal for a variety of commercial uses, including auto shops, restaurants, and storefronts. The property is offered as a NNN lease, owner-occupied, and is for sale by owner. This is a rare chance to acquire a substantial commercial property with significant redevelopment potential in a thriving Michigan community. The property includes three parcels with individual tax IDs (41-17-16-479-036). Building sizes are 2,250 sq ft, 4,037 sq ft, and 5,030 sq ft, respectively.

Highlights

  • $575,000 asking price, 2,250 SF building on a 0.359-acre lot in Kent County, Tax ID: 41-17-16-479-036.
  • $1,650,000 asking price, 4,037 SF building on a 0.47-acre lot in Kent County, Tax ID: 41-17-16-479-036.
  • $1,000,000 asking price, 5,030 SF building on a 0.72-acre lot in Kent County, Tax ID: 41-17-16-479-036.

Property Details for 2411 36Th St

Property type
Retail properties, Restaurants
Square Feet
11,317 SF
Class
B
Buildings
3
Stories
1
Lot Size (sq. ft)
67,518 SF
Units
6

Location Insight

City
Wyoming
County
Kent
State
Michigan
Latitude
42.8997567
Longitude
-85.7253409
2411 36Th St, Wyoming, Michigan

FAQs

What type of property is this?
Retail property - High-traffic redevelopment opportunity
Where is the retail property located?
The property is located at 2411 36Th St Wyoming, MI.
What is the asking price?
The asking price for this property is $3,225,000.
What are key features of this property?
This property features: $575,000 asking price, 2,250 SF building on a 0.359-acre lot in Kent County, Tax ID: 41-17-16-479-036.; $1,650,000 asking price, 4,037 SF building on a 0.47-acre lot in Kent County, Tax ID: 41-17-16-479-036.; $1,000,000 asking price, 5,030 SF building on a 0.72-acre lot in Kent County, Tax ID: 41-17-16-479-036.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2411 36Th St
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