4061 Plainfield Avenue, Grand Rapids, MI

$1,080,000

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3

Baths

8,126

Square feet

0.70

Acres

About 4061 Plainfield Avenue

Don't miss this outstanding investment opportunity featuring three fully leased commercial units totaling approximately 8,100 square feet in the highly traveled Plainfield Avenue Corridor. This property offers excellent visibility and exposure, making it an attractive location for long-term tenants and future appreciation. All three units are fully occupied with lease NNN terms extending another 4 to 5 years, providing immediate, stable cash flow for investors. The building is well-equipped for a variety of commercial and retail uses, featuring service bays and overhead doors that add flexibility and functionality for tenants. Strategically positioned along one of the area's busiest commercial corridors, this property benefits from strong traffic counts, excellent accessibility, and a thriving business environment. Performs at an 8 CAP + currently with annual escalations. Package this listing up with the next-door bank building and acreage to the west for a redevelopment site.

Features of 4061 Plainfield Avenue

MLS® # 26038601
Price $1,080,000
Bathrooms 3.00
Full Baths 3
Square Footage 8,126
Acres 0.70
Year Built 1971
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 4061 Plainfield Avenue
City Grand Rapids
County Kent
State MI
Zip Code 49525

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Broadband
Heating Forced Air
Fireplace No

Exterior

Roof Rubber

School Information

District Northview

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentBrian Desmit
OfficeApex Realty Group

Listing Map

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