730 28Th StGrand Rapids, MI 49548

  • Other commercial real estate
  • 54,763 SF
For Lease
$11.50/SF/YR View listing

Property Details for 730 28Th St

Year built
1962
Lot size
3.22 AC
Property size (Sq ft)
54,763 SF
Zone code
MCN-C
Property type
Other commercial real estate
APN
41-18-18-226-004
APU
411818226004

Description

This exceptional 10,000 square foot retail space is ideally situated at the high-traffic corner of 28th Street SE and Eastern Avenue SE in Grand Rapids, Michigan, within Kent County (zip code 49548). The property is a multi-tenant strip center offering an in-line retail space perfect for a variety of businesses. The space boasts significant visibility thanks to large storefront windows and building signage, ensuring maximum exposure to the substantial pedestrian and vehicular traffic flow. Convenient on-site parking is available for customers and employees. Access is easily managed via ingress/egress points directly off 28th Street SE and Eastern Avenue SE. This prime location benefits from its proximity to a robust collection of established businesses, including major national brands such as Meijer, Dollar Tree, Taco Bell, CVS, Subway, Chow Hound, McDonald's, and Checkers, creating a thriving commercial environment and strong customer base. The property presents a unique opportunity for businesses seeking high visibility and convenient access in a densely populated area. This space is currently available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,921,293
    Hospitality
    $3,591,884
    Educational
    $2,988,405
    Medical
    $3,091,181
    Retail
    $4,648,630
730 28Th St, Grand Rapids, Michigan

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9121
Longitude
-85.6487
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
$47,517
-
-
$1,007,800
-
-
-
$2,015,600

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