4000 Remembrance Road NW, Grand Rapids, MI 49534

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List Price
$584,900
Price Change
▼ $50,000 1770608523
Days on Market
278
MLS#
25054795
Status
ACTIVE
Type
Commercial
Bathrooms
5
Full-baths
5
Neighborhood
Grand Rapids - G

Property Description

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.

Additional Information

Taxes
$10,094
Acres
1
Heating
Forced Air
Roofing
Rubber, Composition
School District
Kenowa Hills
Utilities
Electricity Connected, Natural Gas Connected, Cable Available, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Terry Puffer from Listing Office: Legacy Real Estate Partners.

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