1675 Michigan Street $3,000,000

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    1675 Michigan Street Grand Rapids, MI 49503

    • 16,398 sq. ft.
    • 1.03 Acres
    • Commercial
    • MLS# 70418155
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    Views: 23 Days On Site: 135

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    Property Details

    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.

    • General Features
      • Acreage 1.03
      • Area Municipality Grand Rapids (41032)
      • County Kent
      • Originating MLS West Michigan Lakeshore Association of REALTORS
      • Ownership LLC
      • Total SqFt Finished 16398
      • Waterfront Y/N No
      • Year Built 1955
    • Building Features
      • Exterior Construction Block, Concrete
      • FUEL TYPE Natural Gas
      • Roofing Rubber
    • Property Features
      • Water Public Water, Public Water at Street
      • Lot Size 150 x 295
      • Sewer Septic Public Sanitary, Public At Street

    Neighborhood

    49503 (Grand Rapids) Demographics

    30 Median Age
    5,027 Population Density (per sq. mile)
    53% College Educated
    $49,717 Estimated Median Income
    6,183 Estimated Total Home Owners
    9,640 Estimated Total Renters
    39% / 61% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    37,036 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $269,950 Median Sales Price
    60 Homes Sold
    88 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,000,000
        7/12/2024 12:41:00 PM New in Database Source: Multiple Listing Service New Value: $3,000,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.