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40 Martin Luther King Jr Street SE City of Grand Rapids, MI $ 230,000
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$ 230,000 Get more info
40 Martin Luther King Jr Street SE
$ 230,000
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40 Martin Luther King Jr Street SE

City of Grand Rapids, MI, 49507
$ 230,000
Bedrooms-- Baths1.0 Sq 595

Monthly Estimate*

$ 1,435

40 Martin Luther King Jr Street SE, City of Grand Rapids, MI 49507 - Image 1
40 Martin Luther King Jr Street SE, City of Grand Rapids, MI 49507 - Image 2
40 Martin Luther King Jr Street SE, City of Grand Rapids, MI 49507 - Image 3
40 Martin Luther King Jr Street SE, City of Grand Rapids, MI 49507 - Image 4
40 Martin Luther King Jr Street SE, City of Grand Rapids, MI 49507 - Image 5
40 Martin Luther King Jr Street SE, City of Grand Rapids, MI 49507 - Image 6
Commercial Property for sale in City of Grand Rapids, MI for $230,000 with 1 full bath. This 595 square foot 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 49507807 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

CommercialSale

Lot Size

0.25

Year Built

1967

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65024041297
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession ClosePlus30Days
Construction Materials Frame Other WoodSiding
Year Built 1967
Tax Year 2023
Business Type Retail
County Kent
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Accessible from HWY 131 exit 83B go East on Martin Luther King Jr SE
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 1
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
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
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Exterior
Parking Features Paved
Water Source Public WateratStreet
Lot Size Area 10890.0
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
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 1
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Rene Guzman

Listing Agent

1St Advantage Realty

Broker

(616) 260-8670

Phone

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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
12/19/2024$230,000 Listed Price

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40 Martin Luther King Jr Street SE, City of Grand Rapids, MI, 49507 is a Commercial Property for sale at $230,000 with 595 sqft and 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 City of Grand Rapids, MI

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