3614 Division Avenue S, Wyoming, MI 49548
$1,200,000
Property Type:
Commercial Sale
Baths:
2
Lot Size (sq. ft.):
21,606
Status:
Active
Current Price:
$1,200,000
List Date:
5/11/2023
Last Modified:
6/09/2023
Description
Retail building and warehouse for sale in the heart of busy S Division Street in City of Wyoming. Offers high visibility with great traffic counts. Nice signage and easy access to the highway. The 3614 and 3620 S Division Buildings are strategically located just minutes downtown Grand Rapids. The buildings offer a total of 12,183 sq. feet both retail and warehouse with office units which are not rented right now. The warehouse is 6520 sq.ft (storage commercial) and the retail store is 5663 sq.ft. both built in 1950.
The business is complete turnkey (DBA as Adong Market) and ready for you to take over with long history of clients. Great location for a retail store selling fresh fish and meat, goods, vegetables, gifts etc. Well establish business for over 30 years; it is is a turnkey .
More Information MLS# 23015030
Location & Property Info
County: Kent
Street #: 3614
Street Name: Division
Suffix: Avenue
Post Direction: S
State: MI
Zip Code: 49548
Zip (4): 3248
Cross Streets: 36th street off Division Ave S
Property Sub-Type: Retail/Commercial
Area: Grand Rapids - G
Municipality: City of Wyoming
Office/Contract Info
Status: Active
Current Price: $1,200,000
List Price: $1,200,000
Auction or For Sale: For Sale
List Price/SqFt: 98.5
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2023-05-09
Current Bldg Use: Retail , Warehouse, office space
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.5
Lot Square Footage: 21606
Lot Dimensions: 113x123x47x118.3 (iregular size lot)
Year Built: 1950
Road Frontage: 113
Total # Units: 2
# Fin Bldg Lvls: 2
Total # Bldgs: 2
Total SqFt: 12183
Total Net SqFt: 12183
Property Use Type: Business
Full Baths: 2
Total Baths: 2
Waterfront: No
School District: Godwin Heights
Tax Info
Tax ID #: 41-18-19-101-071
Taxable Value: 211300
SEV: 211300
For Tax Year: 2022
Annual Property Tax: 10160.2
Tax Year: 2022
Spec Assessment & Type: none
Non-Conforming Use: No
Zoning: commercial
Remarks & Misc
Legal: S 47 ft of W 140 ft of Lot 1 EX W 17 ft also Lots 2 Ex W 17 ft * CADD'S ADD
Directions: From 32nd St SW turn right on division St , destination will be on the left side.
Additional Details
Ceiling Height: 18
SqFt Information
Total Bldg Retail Sq: 5673
Total Bldg Warehse S: 6520
Waterfront Options
Water Access Y/N: No
Business Opportunity
# Full Time Employees: 1
# Part Time Employees: 1
Bus. Only Value ($): 300100
Business Description: Grocery
Business Name: ADONG MARKET
Gross Sales 1 Year ($): 1696.33
Gross Sales 3 Year ($): 4898714
Inventory Value ($): 115000
Real Estate Value ($): 899900
Property Features
Property Use: Business; Investment
Uses: Retail
Ownership: Proprietorship
Business Includes: Equipment; Furniture; Licenses; Real Estate
Construction Type: Block
Exterior Material: Block
Roofing: Metal
Foundation: Block
Below Grade: None
Additional Features: Bath Common Area; Fire Sprinkler; Security System
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at St: Electric; Natural Gas; Public Sewer; Public Water
Heat Source: Electric
Heat Type: Space Heater
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Docs Req Conf Agrmnt: Financials; Other
Sale Conditions: None
Listing Office: Greenridge Realty Holland
Listing Agent: Nora Tan
Last Updated: June - 09 - 2023
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