435 28th Street SE Grand Rapids, MI $ 499,000
435 28th Street SE
$ 499,000
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435 28th Street SE

Grand Rapids, MI, 49548
$ 499,000
Baths0.0

Monthly Estimate*

$ 3,486

435 28th Street SE, Grand Rapids, MI 49548 - Image 1
Studio

Commercial Property for sale in Grand Rapids, MI

for $499,000. This building was built in 1987 on a lot size of 1.13.

Prime redevelopment location on 28th Street just east of US 131 and Madison Avenue. Current self-serve car wash site (not operational) will be demolished 3/1/2024. Possible uses: car wash, drive in or through for food service, fuel station, medical or office building, child care, etc. Text listing Agent with question. Survey attached. Buyer's agent or buyer to verify the accuracy of all information provided. LAND CONTRACT TERMS; $75,000. down, 8.75% interest, monthly payment $4,500., 5 year payoff. Seller to approve the purchasers credit and history. After 3/1/2024, property to be offered as vacant land only.

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,900

Style

Retail/Commercial

Lot Size

1.13

Year Built

1987

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

23014628

Features
General
Sewer Public Sewer
Utilities Natural Gas Available Electric Connected
Possession Close Of Escrow
Roof Metal
Construction Materials Block
Year Built 1987
Property SubType Retail/Commercial
Tax Year 2023
Business Type Other Auto Service Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Storage Retail
County Kent
New Construction N
Property Type Commercial Sale
Status Active
Directions 400 block of 28th Street SE
City Grand Rapids
High School District Grand Rapids
Zoning Description MON-C
Total Units 1
MLS Area Grand Rapids - G
Lot Size Square Feet 49223.0
Waterfront Y/N N
Street Name 28th
Land Lease Y/N N
Tax Annual Amount 5900.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2023-05-08
Days on Market 228
Standard Status Active
Occupancy Description Vacant
Tax Assessed Value 112100
Legal Description See attached
Senior Community None
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Interior
Total Fireplaces 1
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Full Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public None
Total Parking 30.0
Inclusions {u'Real Estate': True}
Lot Size Area 1.13
Number of Buildings 1
Spa N
Building Area Total 3192.0
Lot Dimensions 145 x 340
Lot Size Acres 1.13
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 435
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* Excluded Features
List By
Coldwell Banker Ajs (Casc)

Broker

sbortiz@aol.com

Email

Affordability Calculator

$3,977
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$492
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2023$499,000 -9.27% Price Down
8/8/2023$550,000 -8.32% Price Down
6/27/2023$599,900 -6.99% Price Down
5/8/2023$645,000 Listed Price

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435 28th Street SE, Grand Rapids, MI, 49548 is a Commercial Property for sale at $499,000 with a lot size of 1.13. 435 28th Street SE is a studio with 0.0 baths and was built in 1987. The property's zip code is 49548 which is in Grand Rapids, MI