4000 Remembrance Road NW, Grand Rapids, MI 49534
sale
$584,900
|
Office
Courtesy Of Legacy Real Estate Partners
423 W Norton Ave, Norton Shores, MI
Excellent Investment Opportunity! This versatile commercial property offers strong income potential with five rentable units, currently generating $5,900 per month and a total potential income of $9,900 per month when fully leased. The building is equipped with a dual 23' hood system (included in the sale), while other equipment - such as coolers, freezers, and commercial appliances - may be negotiated separately. Additional features include two updated office spaces, a 2,000 sq. ft. storage area with bay doors, commercial water heater, dishwashing system, updated plumbing, and newer gutters. Fully up to code and ready for additional tenants, this property provides excellent flexibility for investors or business owners looking to expand their portfolio. A separate business opportunity is also available, with land contract options for qualified buyers.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 5
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Exterior Type: Stone
- Exterior Type: Block
- Heating System: Forced Air
- Legal Description: DIST:86 CITY/MUNI/TWP:WALKER CITY SEC/TWN/RNG/MER:SEC 18 TWN 07N RNG 12W N 229.56 FT OF E 189.75 FT OF NE 1/4 * SEC 18
- MLSID: 25054795
- Roof Type: Composition
- Roof Type: Rubber
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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