824 Lake Michigan Drive NW, Grand Rapids, MI 49504
$800,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
13,591
Status:
Active
Current Price:
$800,000
List Date:
1/05/2023
Last Modified:
4/16/2024
Description
Great investment opportunity on the west side of Grand Rapids. Corner lot commercial/Industrial/Multi-Family opportunity! Stand Alone building with three apartments upstairs, fenced yard, open commercial/industrial/retail space. Great owner user and redevelopment opportunity. All showings must be during normal business hours M-F 10am-4:00pm. Additional multi-family could be developed depending on plans and city approvals.
Showings to be during Business hours only M-F 10am-4pm and Sat by appointment.
More Information MLS# 23000455
Location & Property Info
County: Kent
Street #: 824
Street Name: Lake Michigan
Suffix: Drive
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 5641
Cross Streets: Lake Michigan & Indiana
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Builder Name: Archery Unlimited
Ownership Type: Private Owned
Office/Contract Info
Status: Active
Current Price: $800,000
List Price: $800,000
Auction or For Sale: For Sale
List Price/SqFt: 76.52
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2022-07-21
General Property Info
Lot Measurement: Acres
Lot Square Footage: 13591
Lot Acres: 0.31
Lot Dimensions: 142X94
Year Built: 1923
New Construction: No
Financial Available: No
Financial Comments: Commercial/Industrial Multi-Family
Cert of Compliance: No
Cert. of Compliance Exp Date: 2023-04-01
Road Frontage: 142
Total # Units: 4
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 10455
Total Parking Spaces: 10
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-13-26-279-001
Taxable Value: 102728
SEV: 242500
For Tax Year: 2022
Annual Property Tax: 5428.19
Tax Year: 2022
Zoning: TBA
Remarks & Misc
Directions: W on Lake Michigan from US131. Property on S side of the road.
Legal: S 94 FT OF LOTS 5 & 6 BLK 2 & S 94 FT OF W 40 FT OF LOT 4 BLK 2* SHEPARD S ADDITION
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit Description: Open/Studio
SqFt: 500
Occupied: No
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 2bdrm
SqFt: 800
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: 3 BDRM
SqFt: 1200
Occupied: No
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Block; Brick; Wood Siding
Roofing: Rubber
Substructure: Partial
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas
Util Avail at Street: Broadband; Cable; Electric; Natural Gas; Public Sewer; Storm Sewer
Owner Pays: None
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete; Gravel
Street Type: Public
Assoc. Amenities: Storage
Mineral Rights: Partial
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Refrigerator
Listing Office: Gantos Group LLC
Listing Agent: Michael Gantos
Last Updated: April - 16 - 2024
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