3094 28th Street SE

Retail-Commercial for Sale
Catylist Listing ID: 30504444
Property Subtypes: Mixed Use
Building Size (RSF): 19,374 SF
Gross Land Area: 1.11 Acres
Sale Price: $2,800,000
Unit Price: $144.52 PSF
Ceiling: 18 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

Epic retail center across from Woodland Mall with over 150 parking spaces. Site is approx. 19,374 SF with over 9,900 SF + available for immediate occupancy with 18’ to 24’ ceiling height and over 100’ of window frontage on 28th Street. Site also has over 9,400 SF available on the ground level behind the building with multiple long-term tenant; great for income property or owner/user. Site has many amenities including great signage opportunity, high traffic counts at the main Woodland Mall entrance and strong tenant mix. Join the neighboring tenants that Woodland Mall, Ashley Furniture, Le Kabob, REI and Panda Express.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Southeast
Taxing Authority: Kentwood
Tax ID/APN: 411815228044
Zoning: C-2
Feet of Frontage: 173
Traffic/Vehicle Count: 35,226
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2006
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,316 86,881 234,245
Median Age: 38.26 35.34 33.48
Households: 4,682 34,436 88,964


Photograph of Listing Agent

Joe Rizqallah

Signature Associates
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.