$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 And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $66
MLS Listing ID 59024032741
Sold Date 09/30/24
Originating Board Montcalm County Association of REALTORS®
Year Built 1988
Annual Tax Amount $2,606
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/month8-6x10 units @$50/month5-10x10 units @ $75/month10-10x12 units @ $80/month5-10x20 units @ $110/month3-10x24 units @ $120/month
Location
State MI
County Kent
Area Kent City Vlg
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 No Heat
Exterior
Roof Type Composition
Road Frontage Private, Paved
Building
Foundation Slab
Water None
Structure Type Aluminum,Other,Wood
Schools
School District Kent City
Others
Tax ID 410132276028
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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