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Mixed-Use Building with Apartment

3004 Coit Ave NE, Grand Rapids, MI 49505

For Sale
Contact for pricing

The vacant upper-level apartment may support rental use or serve as office space.

Property SizeContact for details
Days on Market9

Property Features for 3004 Coit Ave NE

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood North Park
Mixed-Use Components retail, residential

Building Details

Year Renovated 2025
Stories 2
Listing Agency: Advantage Commercial Real Estate
Listed By: Thomas Vredevelt · License MI #6501457145
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 10 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines ground-floor commercial space with a single apartment occupying the full second floor. The apartment is expected to be vacant at closing, and the commercial area includes new drink coolers that convey with the sale. A beer and wine license may also be included.

Work completed in 2025 includes a new roof and HVAC system, interior updates to both floors, and facade improvements. The commercial space previously operated as a beer and wine store.

Key Highlights

  • One second‑floor apartment spans the entire upper level and will be vacant at closing
  • New roof and HVAC installed in 2025
  • 2025 interior updates to the commercial area and apartment, plus facade improvements

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Hair Salon Real Estate Agency Dental Office Nail Salon HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 49505, MI

31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Grand Rapids, MI

$173 Jul
$239 Aug
$221 Sep
$206 Oct

Properties on Market for Mixed-use properties in Grand Rapids

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Mixed-use property - The vacant upper-level apartment may support rental use or serve as office space.
Where is this mixed-use property located?
The property is located at 3004 Coit Ave NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: One second‑floor apartment spans the entire upper level and will be vacant at closing; New roof and HVAC installed in 2025; 2025 interior updates to the commercial area and apartment, plus facade improvements
(616) 724-0024 Call to check price and availability
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