1675 Michigan Street NE, BUSINESS & RE, Grand Rapids, MI 49503
$3,000,000
Property Type:
Commercial Sale
Square Footage:
16,398
Lot Size (sq. ft.):
44,997
Status:
Active
Current Price:
$3,000,000
List Date:
7/12/2024
Last Modified:
10/14/2024
Description
Business and Real Estate for sale. Long standing electrical company. Sale comes with Real Estate, all rental income, FFE, lead and client lists, Inventory which includes work vans, fork lift, extensive tools and parts in storage. Owner negotiable to onboarding/ training. All showings require 24-hour notice for tenants, Occupancy subject to Tenant's rights. Currently Unit G will be available August first. Real Estate and business can be sold separately.
More Information MLS# 24035700
Location Property Info
County: Kent
Street #: 1675
Street Name: Michigan
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49503
Area: Grand Rapids - G
OfficeContract Info
Status: Active
Current Price: $3,000,000
List Price: $3,000,000
Listing Date: 2024-07-10
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.03
Lot Square Footage: 44997
Lot Dimensions: 150 x 295
Year Built: 1955
Road Frontage: 150
Total # Units: 7
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 16398
Total Net SqFt: 16398
Property Use Type: Business
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 411421351004
Taxable Value: 493467
SEV: 735800
For Tax Year: 2024
Annual Property Tax: 24464
Tax Year: 2023
Spec Assessment & Type: none known
Zoning: SD-NOS
Remarks Misc
Directions: Take Fuller Avenue south to Martin Luther King Drive turn west, building will be on the right
Additional Details
Grd Lvl OH Doors: 4
Ceiling Height: 10
SqFt Information
Total Bldg SqFt (Gro: 16398
Business Opportunity
Business Description: Professional Service
Business Name: Webb Electric
Real Estate Value ($): 2000000
Property Features
Property Use: Business; Investment
Uses: Distribution; Professional Service; Storage
Ownership: LLC
Business Includes: Inventory; Real Estate
Construction Type: Block
Exterior Material: Block; Concrete
Roofing: Rubber
Below Grade: None
Sewer: Public
Water: Public
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Broadband; Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water
Heat Source: Natural Gas
Heat Type: Outdoor Furnace
Air Conditioning: Central Air
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Send to Econ Dev Org: MEDC
Listing Office: Signature Associates Kalamazoo
Listing Agent: Peter Cachey
Last Updated: October - 14 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.