827 Bridge StGrand Rapids, MI 49504
- Commercial real estate
- 4,900 SF
Property Details for 827 Bridge St
- Year built
- 1965
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 4,900 SF
- Zone code
- TN-TBA
- Property type
- Commercial real estate
- APN
- 41-13-23-482-020
- APU
- 411323482020
Description
This exceptional retail investment opportunity encompasses a three-building portfolio totaling 10,242 square feet situated on a 0.47-acre lot in Grand Rapids, Michigan's Northwest Business District. The property, located at 827, 829, and 831 Bridge Street, is zoned COMMERCIAL and classified as Class C. Currently, there is 9,042 square feet of vacant space available for lease, offering significant potential for immediate income generation. Individual spaces range from a minimum of 1,156 square feet to a maximum contiguous space of 3,771 square feet, providing flexibility for various retail concepts. The portfolio features a total of 18 parking spaces, ensuring ample convenience for tenants and customers. The single-story buildings offer excellent visibility and accessibility in a thriving commercial area. This is an ideal opportunity for investors seeking a multi-tenant retail property with significant upside potential in a desirable Grand Rapids location. The property's location within the Northwest Business District provides easy access to major thoroughfares and a strong customer base. With its substantial vacant space and flexible unit sizes, this portfolio presents a unique chance to shape the future of this vibrant commercial area. The Kent County location offers a stable market and strong potential for growth. Contact us today to learn more about this exciting investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,024,374
- Hospitality
- $938,321
- Educational
- $780,672
- Medical
- $807,520
- Retail
- $1,214,379
Location Insight
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Latitude
- 42.9711
- Longitude
- -85.6888
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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