$299,000
$299,000
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4,500 SqFt
SOLD DATE : 09/30/2024
Key Details
Sold Price $299,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $66
Municipality Kent City Vllg
MLS Listing ID 24032741
Sold Date 09/30/24
Year Built 1988
Annual Tax Amount $2,606
Tax Year 2024
Lot Size 1.980 Acres
Acres 1.98
Lot Dimensions 275x272x189x336 IRR-estimated from GIS
Property Description
Great opportunity to purchase a fully operational storage unit business. Extra lighting was added to buildings in 2023. Roofs were replaced on both buildings in 2021. Monthly income is $3,025. Because there is an easement for wells on this property for the apartments next door we do not believe any more units can be built. An offer will not be accepted that involves a contingency to be able to build.
12-5x10 units @$45/month
8-6x10 units @$50/month
5-10x10 units @ $75/month
10-10x12 units @ $80/month
5-10x20 units @ $110/month
3-10x24 units @ $120/month
Location
State MI
County Kent
Area Grand Rapids - G
Direction From Grand Rapids, take 37 N, turn right/N on Peach Ridge/S. Main Street in Kent City, turn left,/W, onto Kentridge Drive. The storage units are between the 2 apartment complexes.
Interior
Heating None
Exterior
Utilities Available Electricity Available, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Building
Foundation Slab
Water None
Structure Type Aluminum Siding
New Construction No
Schools
School District Kent City
Others
Tax ID 41-01-32-276-028
Ownership Partnership
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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