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About This Home
This 0-bedroom, 5-bathroom commercial at 4000 Remembrance Road NW in Grand Rapids, MI is listed for $584,900 ($69 per sqft). Built in 1940, the home offers 8,446 sqft of living space on a 1.00 acres lot.
Excellent Investment Opportunity! This versatile commercial property offers strong income potential with five rentable units, currently generating $5,900 per month and a total potential income of $9,900 per month when fully leased. The building is equipped with a dual 23' hood system (included in the sale), while other equipment - such as coolers, freezers, and commercial appliances - may be negotiated separately.
Additional features include two updated office spaces, a 2,000 sq. ft. storage area with bay doors, commercial water heater, dishwashing system, updated plumbing, and newer gutters. Fully up to code and ready for additional tenants, this property provides excellent flexibility for investors or business owners looking to expand their portfolio. A separate business opportunity is also available, with land contract options for qualified buyers.
Key Features
- Built in 1940
- 1.00 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,128/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4000 Remembrance Road NW
Grand Rapids, MI 49534
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 5-bathroom commercial at 4000 Remembrance Road NW is listed at $584,900 ($69/sqft). The estimated monthly payment is $2,535 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 1.00 acre lot. Interior Features: Broadband.
This property is listed by Terry Puffer and can be reached at 2318555001 or terry@terrypufferrealestate.com.
