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    Showroom and Office Building with Apartments Title is generated by Realmo AI

    3955 W River Drive NE, Comstock Park, MI 49321

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    Claim this Listing
    For Sale
    $846,900

    COMMERCIAL - Comstock Park, MI

    Type:Retail
    Property size:
    4,931 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $171/SF
    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

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    Listing Contact
    Jordan P Nemmers

    Listing agent Jordan P Nemmers License #6506042764

    Listing office Cascade Properties Rlty LLC 4935 Cascade Rd. SE, MI

    Listing date Dec 9, 2025

    MLS# 25061402

    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

    This property combines a showroom-focused main level with office support space and apartment-style living quarters above. Entry opens to a large showroom floor with a reception area, followed by six separate offices, an office kitchen, two half baths, and substantial storage. The building also includes a full basement, and recent exterior updates include a new flat roof and a newer arched steel roof.

    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
    4,931 SF · lease $16.44/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $767.5K
    $671.6K – $895.5K (±1% cap)
    NOI $53,727 @ 7.0% cap · market cap 6.34%
    Second Best
    Retail
    $731.3K
    $639.9K – $853.1K (±1% cap)
    NOI $51,188 @ 7.0% cap · market cap 6.04%
    Theoretical Best
    Office A
    $881.9K
    $771.7K – $1.03M (±1% cap)
    NOI $61,736 @ 7.0% cap · market cap 7.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Professional Home Improvement, ... Roofing Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    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

    FAQs

    What type of property is this?
    Showroom - Visible corner showroom and office space with multiple upstairs units, separate utilities, and private entrances.
    Where is this showroom located?
    The property is located at 3955 W River Drive NE Comstock Park, MI.
    What is the asking price?
    The asking price for this property is $846,900.
    What are key features of this property?
    This property features: 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
    More about this property
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