1675 Michigan Street NE #BUSINESS & RE $3,000,000

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    1675 Michigan Street NE #BUSINESS & RE Grand Rapids, MI 49503

    • 16,398 sq. ft.
    • 1.03 Acres
    • Commercial
    • MLS# 24035700
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    Views: 34 Days On Site: 103

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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
      • Year Built 1955
      • New Construction Y/N false
      • Business Type Professional Service,Distribution,Storage
      • County Or Parish Kent
      • Property Sub Type Business
      • Tax Annual Amount 24464.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Construction Materials Block, Concrete
      • Building Area Total 16398.0
      • Roof Rubber
      • Number Of Units Total 7
      • Heating Y/N true
      • Heating Outdoor Furnace
      • Full Bathrooms 0
      • Bathrooms 0
    • Property Features
      • Lot Size Acres 1.03
      • Lot Size Area 1.03
      • Number Of Buildings 1
      • Utilities Cable Connected, Broadband
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Grand Rapids

    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

    $272,000 Median Sales Price
    54 Homes Sold
    78 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 12:15:00 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.