$1,200,000
For Sale

407 Turner Avenue NW

Grand Rapids, MI 49504
0.32 acres | #M21109595
Browse 17 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

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 ladder10 story possibility of hotel min only 5-7 unitsOwner financing possibleInvestor options 49%The Highlights of this development are explosive and your in the right spot to get involved; Power/Voltage: 120/240

  • Property Details
      • Original List Price$1,200,000
      • Property SubtypeCommercial
      • MLS #M21109595
      • MLS #M21109595
      • Property TypePurchase
      • Cost1200000
      • Buying Agency Compensation3.00%
      • Acres0.32
      • Year Built1963
      • CountyKent
      • Days on Market (Cumulative)781
      • Days On Market781
      • Garage Spaces0

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Last Updated: . Source: AAABOR

Workhorse Realty LLCReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    ​All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.