407 Turner Avenue Grand Rapids, MI ^$ 1,200,000

407 Turner Avenue

^$ 1,200,000

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407 Turner Avenue

Grand Rapids, MI, 49504

^$ 1,200,000

Studio Baths0.0 Sq 7,316

Monthly Estimate*

^$ 7,976

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Studio

Commercial Property for sale in Grand Rapids, MI

for $1,200,000. This 7,316 square foot building was built in 1963 on a lot size of 0.32.

Owner is a licensed Realtor in the State of Michigan. Land Contract and lease to own terms possible withThe Highlights are countlessTransitional City CenterGrand Rapids Market is 6500 and in need of 10,000 new units per growth stated from the DDA ''Downtown Development Authority)Social Zone and city incentives for signage and outdoor Funiture and heaters and island barriersBrownfield incentivesTax abatementsNew licenses available for class C and self pour breweryNew West side mini Chicago districtWaterfront commerce opening upon removal of the fish ladderNEW options available ...great news on update and no parking min required however we have spots. City Center Zoning District up to 20 stories regulations of Article 6 and Article 8 of the Zoning up t

Commercial Active

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,597

Style

Commercial/Industrial

Lot Size

0.32

Year Built

1963

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70232817

Features

General

Heating Forced Air

Possession Close Plus 30 Days

Roof Rubber

Water Public Water Public Water at Street

Status Active Active

Year Built 1963

Parking 21+ Spaces

County Kent

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name DADDS MAGIC BUS

Municipality Grand Rapids Twp

Subdivision MI

Commercial Features Electric Available Furniture Gas Available Outside Storage

Area Grand Rapids Twp (41011)

Primary City Grand Rapids

Directions If coming from Bridge St NW: Turn North on to Broadway Ave NW and East on to First St NW and then South on to Turner Ave NW and the property is on the right side of the road.

City Grand Rapids

Street Name Turner

Financial Terms Cash Conventional Land Contract

Legal Description S 35 FT OF LOT 8 BLK 21 & E 1/2 OF GORE LOT 1 BLK 21 * SCRIBNER & TURNER'S ADDITION

DOM 972

Postal Code 49504

Price Per Sq Ft Total 164.02

Coming Soon

Exterior

Exterior Block Concrete Steel

Frontage 58

Lot Size Area 0.32

Lot Dimensions 58 x 125 x 65 x 125

Roads City/County Paved Street

Waterfront Y/N No

Interior

Ceiling Height Greater than 20 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Frank Roberts

Listing Agent

Grand Rapids Realty & Investments Llc

Broker

frank@brmproperty.com

Affordability Calculator

$8,442

Per Month

Monthly Principal & Interest: $7,976
Monthly Property Taxes: $466
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Grand Rapids, MI

Average List Price ^$684,294

Percent of Sale Price 43%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/9/2022	$1,200,000		Listed Price

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407 Turner Avenue, Grand Rapids, MI, 49504 is a Commercial Property for sale at $1,200,000 with 7,316 sqft and a lot size of 0.32. 407 Turner Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 49504 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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407 Turner Avenue

Commercial Property for sale in Grand Rapids, MI

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