2411 36Th StWyoming, MI 49519

Property Details for 2411 36Th St

Year built

1968

Lot size

0.69 AC

Property size (Sq ft)

5,030 SF

Zone code

B1

Property type

Commercial real estate

APN

41-17-16-479-022

APU

411716479022

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,051,551

  Hospitality

  $963,215

  Educational

  $801,384

  Medical

  $828,944

  Retail

  $1,246,597

Location Insight

City

Wyoming

County

Kent

State

Michigan

Latitude

42.8997

Longitude

-85.7254

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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