859 28Th StWyoming, MI 49509

  • Commercial real estate
  • 10,776 SF
For Lease
$10/SF/YR View listing

Property Details for 859 28Th St

Year built
1955
Lot size
0.56 AC
Property size (Sq ft)
10,776 SF
Zone code
FBC
Property type
Commercial real estate
APN
41-17-11-479-035
APU
411711479035

Description

This 2,340 square foot retail space is located at 859 28th St SW in Wyoming, MI, at the northeast corner of 28th St and Riley Ave SW. The property boasts 150 feet of frontage on 28th Street, benefiting from an average daily traffic count exceeding 31,750 vehicles. Easy ingress and egress are provided by two curb cuts on 28th Street, which also features a center turn lane. The building, part of the 859 Plaza, offers high visibility and signage, including a pylon sign on 28th Street. This end-cap suite ('A') within a larger 12,057 square foot building provides ample parking (19 spaces upfront, with additional parking on Riley Ave and behind the building). The modern interior features four private offices, a conference room, break room/kitchen, two bathrooms, a closing room, secretarial/administrative area, checkout counter, and reception area. The property benefits from a strong demographic profile, with a median household income of $64,499 within a five-mile radius and a population of 76,726. Nearby traffic generators include major retailers such as AutoZone, ALDI, Planet Fitness, Harbor Freight, and many others at Rogers Plaza across the street. Current tenants include Cricket Wireless, Lover's Lane, and Money-Wise Financial. This is a fantastic opportunity for a business seeking high visibility and convenient access in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,252,786
    Hospitality
    $2,063,540
    Educational
    $1,716,841
    Medical
    $1,775,886
    Retail
    $2,670,642

Location Insight

City
Wyoming
County
Kent
State
Michigan
Latitude
42.9138
Longitude
-85.6878
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$11,227
-
-
$346,700
-
-
-
$693,400

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