40 Martin Luther King Jr Street SE Grand Rapids, MI $ 230,000
40 Martin Luther King Jr Street SE
$ 230,000
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40 Martin Luther King Jr Street SE

Grand Rapids, MI, 49507
$ 230,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 1,435

40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 - Image 1
40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 - Image 2
40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 - Image 3
40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 - Image 4
40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 - Image 5
40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 - Image 6

Commercial Property for sale in Grand Rapids, MI

for $230,000 with 1 full bath. This building was built in 1967 on a lot size of 0.25.

Prime Location for Sale - High-Traffic Area & Valuable Land! Are you a savvy business owner looking for a strategic location to establish your presence? Look no further! This property offers a unique opportunity to capitalize on a high-traffic area, perfect for a small business that thrives on quick visits and convenient access. While the building itself may be modest, the true value lies in the land and its prime location. The possibilities for redevelopment or expansion are endless. This property comes with two additional parcels 41-14-31-301-013 and 41-14-31-301-018 buyer/agent to verify any and all information. Land Addressed as: 30 Martin Luther King Jr SE, Grand Rapids, MI 49507 807 Sheldon Ave SE, Grand Rapids, MI 49507

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Commercial Active

Price

$ 230,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.25

Year Built

1967

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24041297

Features
General
Heating Forced Air
Utilities Natural Gas Connected Electricity Connected
Construction Materials Wood Siding
Year Built 1967
Township City of Grand Rapids
Property Subtype Retail
Tax Year 2023
Ownership Private Owned
Business Type Retail
County Kent
New Construction N
Property Type Commercial Sale
Full Baths 1
Status Active
Directions Accessible from HWY 131 exit 83B go East on Martin Luther King Jr SE
City Grand Rapids
High School District Grand Rapids
Zoning Description na
Number Of Units Total 1
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 10890.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 0.0
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
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 14325
Legal Description LOT 493* DORAN S ASSESSOR S PLAT NO 15* OF LOTS 2 3 4 5 & 6 OF A CAMPAU S SUBDIVISION OF THE W 1/2 OF THE SW 1/4 SEC
Senior Community None
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Exterior
Inclusions Non-Applicable
Lot Size Area 0.25
Number of Buildings 1
Spa N
Building Area Total 595.0
Lot Dimensions Combine of 3 parcels
Lot Size Acres 0.25
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 595
Basement (Y/N) N
Heating Y/N Y
Total Baths 1
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Internal Only
Street Number 1 40
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* Excluded Features
List By
1St Advantage Realty

Broker

rene@reneguzman.com

Email

Affordability Calculator

$1,435
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,435
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
8/8/2024$230,000 Listed Price

Map


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40 Martin Luther King Jr Street SE, Grand Rapids, MI, 49507 is a Commercial Property for sale at $230,000 with a lot size of 0.25. 40 Martin Luther King Jr Street SE has 1.0 baths and was built in 1967. The property's zip code is 49507 which is in Grand Rapids, MI