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Buy&Build (COMMERCIAL): 1713 MADISON AVE SE, GRAND RAPIDS, MI 49507 + $195,000

Updated: Apr 4

Commercial Investment Opportunity








Price

$195,000


Exclusive Off-Market Commercial Opportunity in Central Grand Rapids


We are delighted to present a unique commercial property located at 1713 Madison Ave SE, Grand Rapids, Michigan 49507,. This exceptional investment opportunity is nestled in the heart of West Michigan's vibrant commercial landscape, offering both current utility and future growth potential thanks.



Property Highlights:

  • Address: 1713 Madison Ave SE, Grand Rapids, MI 49507

  • Market Area: West Michigan, within the dynamic Grand Rapids-Wyoming, MI CBSA

  • Subdivision: Reynolds & Franklin S Addition, signifying growth and opportunity

  • Legal Description: LOT 3 BLK 2* Reynolds & Franklin S Addition

  • APN/Parcel ID: 41-18-06-329-021

  • County: Kent, a commercial expansion hub

  • Land Use: Commercial (NEC), offering versatile usage possibilities

  • State: Michigan, known for its business-friendly environment

  • Tax Year: 2022, Assessed Year: 2023

  • Lot Size: 0.132 acres, ample for various commercial ventures

  • Census Code: 003700

  • Submarket: Central Grand Rapids, known for economic vitality

  • Total Square Footage: 2,272 sq ft, spacious for multiple business needs

  • Sale Price: $195,000, an attractive offer for prime real estate

Current Configuration: The existing building hosts 1 commercial unit on the ground floor and 1 residential unit above, providing the possibility for rental income or use opportunities. There is a great redevelopment opportunity which can offer significant value-add potential, transforming the property into a predominantly residential building that caters to the high demand for living spaces in Grand Rapids.


Offer Submission: Direct all offers and inquiries to Promise Land Realty at investments@promiselandrealtyllc.com. Don't miss out on this rare opportunity to own and develop a piece of Grand Rapids' thriving commercial and residential sector.


Property Map



"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT

PROPERTIES, NATIONWIDE"




PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top

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