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    311 28Th St SE Grand Rapids, MI 49548

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    For Sale
    $750,000

    Retail building for sale with development potential on 28th Street.

    Property size:
    3,614 SF
    Lot size:
    0.61 Acres

    Property Features for 311 28Th St SE

    General Information

    Size
    3,614 SF
    Lot size
    0.61 Acres

    Source: Keller Williams Rivertown Agent Larry G. Branscombe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building on 28th Street

    This retail building, located on 28th Street, is available for sale. Currently configured as a single unit, the 3,614-square-foot building can be divided into three separate suites, each measuring 1,200 square feet. An overhead door provides convenient access for deliveries. This property presents a retail opportunity for an owner-user or an investor. The location offers potential for future development and growth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Disaster Response Water Damage Restoration Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.65866
    Latitude
    42.913206

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    FAQs

    What type of property is this?
    Retail space - Retail building for sale with development potential on 28th Street.
    Where is this retail space located?
    The property is located at 311 28Th St SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Retail building on busy 28th St.; - Can be divided into three separate 1200 sq ft suites.; - Overhead door for easy deliveries.
    (616) 299-6846
    Request Owner's contact information
    311 28Th St SE Grand Rapids, MI 49548
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    Grand Rapids, MI 49548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 28Th St SE Grand Rapids, MI 49548
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