3940 29Th StKentwood, MI 49512

Property Details for 3940 29Th St

Year built

1974

Lot size

0.36 AC

Property size (Sq ft)

1,720 SF

Zone code

C4

Property type

Commercial real estate

APN

41-18-14-228-016

APU

411814228016

Description

This exceptional commercial property, located at 3940 29th Street SE in Kentwood, Michigan, presents a unique investment opportunity. Situated on a 0.36-acre lot, the building offers a versatile layout ideal for a variety of business uses. The property features two distinct units, each with its own separate entrance, providing flexibility and potential for multiple tenants or a single business expanding its operations. The first unit boasts at least six individual office spaces, perfect for a company requiring multiple work areas or a shared office environment. The second unit adds further versatility with a finished basement area, suitable for additional office space or storage, and a conveniently located bathroom. The building has undergone recent updates, enhancing its appeal and functionality. The asking price is $450,000, representing a compelling value for a property with such significant potential. This is an excellent chance to acquire a well-maintained, multi-use commercial building in a desirable Kentwood location. The property's size and layout offer considerable adaptability, making it suitable for a wide range of commercial enterprises. Its updated condition minimizes immediate capital expenditure needs, allowing for a quicker return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property's location in Kentwood offers easy access to major transportation routes and amenities, further enhancing its attractiveness to potential tenants or business owners.

• Alternative Use

  Use

  Valuation

  Residential

  $123,160

  Hospitality

  $112,814

  Educational

  $93,860

  Medical

  $97,088

  Retail

  $146,004

Location Insight

City

Kentwood

County

Kent

State

Michigan

Latitude

42.9104

Longitude

-85.5701

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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