1353 Kalamazoo AveGrand Rapids, MI 49507

Property Details for 1353 Kalamazoo Ave

Year built

1910

Lot size

0.18 AC

Property size (Sq ft)

4,095 SF

Zone code

TN-TBA

Property type

Commercial real estate

APN

41-18-05-131-014

APU

411805131014

Description

This exceptional mixed-use building, located at 1353 Kalamazoo Ave SE in Grand Rapids, Michigan, presents a compelling investment opportunity. The 4,095 square foot property, built in 1910 and renovated in 1960, sits on a 0.18-acre lot (APN 411805131014) and is zoned TN-TBA. The two-story structure boasts a desirable location within the Boston Square neighborhood, a key area of Grand Rapids Amplify 2.0's revitalization efforts. The building features ample street parking and convenient dual ingress/egress points. Significant recent upgrades include a new furnace (2017), new AC/HVAC, a tankless water heater, and a new roof (2018), the latter still covered by a 15-year transferable warranty. The upper level comprises two 2-bedroom, 1-bathroom units; one is currently vacant, and the other is occupied. This versatile property is ideal for a variety of uses, including a cafe, restaurant, clothing store, or a live/work arrangement, making it an attractive option for both owner-occupants and investors. The asking price is $650,000, translating to $158.73 per square foot. This presents a rare chance to acquire a well-maintained, updated property in a rapidly developing area of Grand Rapids.

• Alternative Use

  Use

  Valuation

  Residential

  $856,084

  Hospitality

  $784,168

  Educational

  $652,419

  Medical

  $674,856

  Retail

  $1,014,874

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Latitude

42.9383

Longitude

-85.6421

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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