2425 Division Ave SW

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29944557
Property Subtypes: Retail-Pad
Status: Pending
Building Size (RSF): 14,544 SF
Gross Building Area: See Agent
Gross Land Area: 1.27 Acres
Sale Price: $599,000
Unit Price: $41.19 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Building Name: Paragon Lanes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2017

Overview / Comments

Long-Standing and operational bowling alley, this mixed-use facility is geared for redevelopment. Located on Southwest corner of Division Avenue and Blackburn Street, and less than 1 mile from US-131 and 28th Street Avenue. Building has 195’ of frontage along Division Avenue and provides ample parking. With over an acre of land, site is great for free-standing restaurant, fast food, coffee shop, cellular phone shop, or great for small office/mix use. Pad comes fully equipped with utilities and has ingress/egress on both Blackburn Street and Southview Street SW.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-12-429-020
Zoning: B2
Property Located Between: Blackburn & Southview
Feet of Frontage: 195
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1945
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,334 150,935 318,156
Median Age: 28.02 31.55 33.2
Households: 6,535 55,050 121,273

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates

Source

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