25/29 S Greenville Road Greenville, MI 48838
COMMERCIAL - Greenville, MI
- Added:
- Jan 15, 2026
- Days on Market:
- 177
- Last Refresh:
- Jul 11 at 11:06 pm
Property Features for 25/29 S Greenville Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 014-003-009-00
- Size
- 3,000 SF
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 20 R E & W BY 16 R N & S IN NW COR OF NW FRL 1/4 SEC 3 T10N R8W. 2 A.
- Tax Annual Amount
- 5673
Utilities
- Utilities
- Propane
- Sewer type
- Septic Tank
- Heating system
- Forced Air
- Water source
- Well
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 3
Listing agent Tori L Ensing License #6502426724 (616) 835-1435
Listing office Five Star Real Estate (Greenv) 111 S Lafayette Street, Jenison, MI (616) 835-1435
Listing date Jan 15, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Mix‑use property featuring a 3,000 sq ft commercial building and a 2,305 sq ft residential home.
- High‑traffic corner lot location.
- Investment potential with rentable commercial building, home, and apartment.
Local Financial Insights For Office B
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 | $57.2k | $19.08 |
| − Vacancy | −$11.3k | −$3.78 |
| EGI | $45.9k | $15.30 |
| − OpEx | −$11.5k | −$3.83 |
| NOI | $34.4k | $11.48 |
