2435 Eastern Avenue Grand Rapids, MI ^$ 600,000

2435 Eastern Avenue

^$ 600,000

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2435 Eastern Avenue

Grand Rapids, MI, 49507

^$ 600,000

Studio Baths0.0 Sq 4,500

Monthly Estimate*

^$ 4,191

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Studio

Commercial Property for sale in Grand Rapids, MI

for $600,000. This 4,500 square foot building was built in 1963 on a lot size of 0.21.

Welcome to an exceptional opportunity of owning a commercial property in Alger Heights, the heart of Grand Rapids, Mi. Here is your chance to join a thriving and diverse community where your business is destined to flourish. Your business will be surrounded by a variety of other flourishing local businesses and a dynamic commercial environment. This property is not just a physical space; it's an opportunity to establish your own business, invest or rent out the multiple spaces available to other business owners.So, come and be a part of the Alger Heights story. A great place to be a visionary owner, and an even better place to be. Realtors, see document tab for Profit and Loss plus office rental info.

Commercial Active

Price

^$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,688

Style

Commercial/Industrial

Lot Size

0.21

Year Built

1963

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70335765

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water Public Water at Street

Status Active Active

Year Built 1963

County Kent

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Grand Rapids

Subdivision MI

Commercial Features Electric Available Gas Available

Area UPDATE

Primary City Grand Rapids

Directions Accesible from HWY 131 exit Burton st or 28th st. Head East. Located on Eastern in-between 28th and Alger St.

City Grand Rapids

Street Name Eastern

Financial Terms Cash Conventional

Legal Description PART OF NE 1/4 OF SE 1/4 OF* SEC 7 T6N R11W* COM ON W LINE OF EASTERN AVE 367.5 FT S OF SW COR OF ALGER ST & EASTERN AV

DOM 189

Postal Code 49507

Price Per Sq Ft 133.33

Coming Soon Welcome to an exceptional opportunity of owning a commercial property in Alger Heights the heart of Grand Rapids

Exterior

Exterior Aluminum Brick Frame Vinyl Siding Wood

Frontage 0

Lot Size Area 0.21

Lot Dimensions 9000

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Rene Guzman

Listing Agent

1St Advantage Realty

Broker

gdrene@grar.com

Affordability Calculator

$4,832

Per Month

Monthly Principal & Interest: $4,191
Monthly Property Taxes: $641
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Grand Rapids, MI

Average List Price ^$652,161

Percent of Sale Price 9%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/17/2023	$500,000		Listed Price

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2435 Eastern Avenue, Grand Rapids, MI, 49507 is a Commercial Property for sale at $600,000 with 4,500 sqft and a lot size of 0.21. 2435 Eastern Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 49507 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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2435 Eastern Avenue

Commercial Property for sale in Grand Rapids, MI

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