3955 W River Drive NE, Comstock Park, MI 49321
COMMERCIAL - Comstock Park, MI
- Added:
- Dec 9, 2025
- Days on Market:
- 187
- Last Refresh:
- Jun 14 at 11:06 pm
Property Features for 3955 W River Drive NE
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1
- Parking
- 15
- Standard status
- Active
- APN
- 41-10-31-303-005
- Size
- 4,931 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lengthy Legal(See Attached)
- Tax Annual Amount
- 5500
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Number of units
- 1
- Building materials
- Vinyl Siding
Listing agent Jordan P Nemmers License #6506042764 (616) 745-5062
Listing office Cascade Properties Rlty LLC 4935 Cascade Rd. SE, MI (616) 942-0048
Listing date Dec 9, 2025
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Corner location on West River Dr. and Lamoreaux Dr., with large traffic counts at slow speeds
- Main level features a large showroom floor with reception, plus six separate offices, an office kitchen, and 2 half baths
- Upstairs offers 2 apartments with separate utilities and separate entrances
- Includes a full basement, plus new flat roof and a newer arched steel roof
- Second floor includes a 1 bed/1 bath apartment and a 2 bed/1 bath apartment, plus a separate office with private entrance
- Third floor has hardwood flooring and potential to convert storage into a 3rd apartment (Plainfield Township approval required)
Overview
Located on a corner at West River Drive and Lamoreaux Drive in the NE area of Comstock Park, the building is described as highly visible along a commercial corridor with easy access to highways and Alpine Ave. The listing also notes large traffic counts at slow speeds at the intersection.
The configuration can work for owner-users who want dedicated office and showroom space on the first floor while maintaining upstairs residential units with separate utilities and entrances. The second floor includes a 1-bedroom/1-bath apartment and a 2-bedroom/1-bath apartment, plus a separate office, each with private entrances. The third floor features hardwood flooring and is described as having potential to be converted from storage into an additional apartment, with Plainfield Township approval required.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.1k | $16.44 |
| − Vacancy | −$4.3k | −$0.87 |
| EGI | $76.8k | $15.57 |
| − OpEx | −$23.0k | −$4.67 |
| NOI | $53.7k | $10.90 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- K & M Carpet — 3904 yorkland dr nw, comstock park, mi 49321
- Surface Source of Michigan — 3704 Mill Creek Ave NE, Grand Rapids, MI 49546
Location Insight
- Map
- Local Demand
- City
- Comstock Park
- County
- Kent
- State
- Michigan
- Longitude
- -85.666033
- Latitude
- 43.034128