14 Weston St SE - Storefront Retail/Office FOR SALE


Grand Rapids, MI 49503- Downtown Grand Rapids
$799,000 USD
616-235-0900
14 Weston St SE, Grand Rapids, MI for Sale
$799,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

14 Weston St SE
Grand Rapids, MI 49503
Downtown Grand Rapids


OVERVIEW

First time on market. Rare 2-Story income producing mix-use property in prime Downtown Grand Rapids! Main level is approx. 2,350 SF of commercial space with a long-standing clothier retailer. Upstairs are two (2) newer two bedrooms, one (1) bath residential units, fully leased out. Each unit comes with a Washer & Dryer, each have separate utilities and both have Central HVAC. Solid brick exterior, flat roof with a built up membrane roof system. Main floor is barrier free. Original brick interior exposed, great hardwood floors and very high ceilings. Owner completely renovated the entire building and interior in 2017 & 2018. Good cashflow and solid investment in the heart a vibrant downtown district! Site has newer ceilings, interior walls, bathrooms, flooring HVAC, plumbing, fire sprinkler system and more.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Fulton Street and Division Ave.

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

TN-TBA

APN/PARCEL ID

41-14-30-304-010

ASK ABOUT THIS PROPERTY

Joe RizqallahSignature AssociatesMore Info
616-235-0900

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Joe RizqallahSignature AssociatesMore Info
616-235-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.