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MI
Grand Rapids
49534
4000 Remembrance NW Rd

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FOR SALE

Commercial real estate

4000 Remembrance Rd NW, Grand Rapids, MI 49534

8,521 SF 1 ac lot Built 1940

Entity Owned 8-yr Hold ~ Est. High Equity

Property ID

US43-1398788

$584,900 8,521 SF

4000 Remembrance Rd NW, Grand Rapids, MI 49534
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This exceptional investment opportunity presents a five-unit commercial building situated on a one-acre lot at 4000 Remembrance Road NW in Walker, MI. Currently, two units are leased: a flower shop generating $1,200 per month in rent and a commercial kitchen bringing in $1,350 monthly. This translates to a current combined monthly income of $2,550. The property boasts significant upside potential with three additional vacant units ready for immediate occupancy. These include a second commercial kitchen and two updated office spaces, offering a total potential monthly rental income of $9,150. The building is equipped with modern amenities designed to attract tenants, including newer three-phase ground-run power, a dual 23-foot hood system, two walk-in coolers, and an 8x6 freezer. Further enhancing its appeal are updated plumbing and gutters, a commercial water heater, a dishwashing system, and a substantial 2,000 square-foot storage area complete with bay doors. Both office spaces have undergone recent renovations. The building is fully compliant with all applicable codes and regulations, making it an ideal investment for immediate income generation and future growth. A separate business is also available for purchase via a land contract. The building has a floor load capacity of 1 ton. Priced at $739,900.