1809 Plainfield Avenue NE, Grand Rapids, Michigan, 49503
5,000 Sqft
0.10 Acres
4 ba
#26050523
Excellent opportunity to acquire a fully occupied, five-suite commercial investment property along the highly visible Plainfield Avenue corridor in Grand Rapids' desirable Creston neighborhood. The building offers approximately 5,000 square feet of total rentable space including recently renovated basement offices, providing multiple income streams, and reduced exposure to any single tenant. The tenant mix includes a restaurant space equipped with a commercial hood, fire-suppression system, grease trap, kitchen, , along with four additional commercial suites. The entire building is currently leased and offers investors a strong capitalization rate with immediate income from a diversified tenant base. Located near established restaurants, retailers, residential neighborhoods and public transportation, this is a compelling opportunity to acquire a stabilized commercial asset with long-term upside in one of Grand Rapids' active neighborhood business corridors.
PROPERTY FEATURES
- Business Type : Professional/Office, Professional Service, Restaurant, Retail
- Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
- Water Source : Public
- Sewer : Public Sewer
- Zoning Description : Commercial
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Block, Brick, Concrete, Frame
PROPERTY DETAILS
ID: 26050523
Status: Active
Price: $650,000
Acres: 0.10 Acres
Price Per Acre: $6,500,000
Type: Other
Address: 1809 Plainfield Avenue NE
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49503
Lat/Long: 42.995862, -85.659343
These properties have been added to favorites!
These properties have been removed from favorites!




