1809 Plainfield Avenue, City of Grand Rapids, Michigan 49503
$650,000
Property Details
- MLS#: 65026050523
- Bedrooms: N/A
- Bathrooms: N/A
- Square Feet: N/A
- Lot Size: N/A
- Year Built: 1910
- Property Type: CommercialSale
- Transaction: Transaction type unavailable
- Listing Status: Active
Tax and Assessment Information
Assessment evidence unavailable.
Description
Excellent opportunity to acquire a fully occupied, five-suite commercial investment property along the highly visible Plainfield Avenue corridor in Grand Rapids' desirable Creston neighborhood. The building offers approximately 5,000 square feet of total rentable space including recently renovated basement offices, providing multiple income streams, and reduced exposure to any single tenant. The tenant mix includes a restaurant space equipped with a commercial hood, fire-suppression system, grease trap, kitchen, , along with four additional commercial suites. The entire building is currently leased and offers investors a strong capitalization rate with immediate income from a diversified tenant base. Located near established restaurants, retailers, residential neighborhoods and public transportation, this is a compelling opportunity to acquire a stabilized commercial asset with long-term upside in one of Grand Rapids' active neighborhood business corridors.
Location
This property is located in City of Grand Rapids, Michigan. City of Grand Rapids is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 1809 Plainfield Avenue?
1809 Plainfield Avenue is listed at $650,000.
How many bedrooms does 1809 Plainfield Avenue have?
This property has N/A bedrooms and 0 bathrooms.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com