Bank Redevelopment
3215 28th Street Southeast Kentwood, MI 49512
3215 28th Street Southeast, Kentwood, MI, 49512
$3,550,000
For Sale
$3,550,000
Large 2.0-acre site with 7,066 SF in a commercial corridor, subject to a financial institution deed restriction.
Property Size7,066 SF
Lot Size2.00 Acres
Price / SF$502.41
Days on Market48
Property Features for 3215 28th Street Southeast
General Information
- Standard status
- Active
- Size
- 7,066 SF
- Lot size
- 2.00 Acres
- Property subtype
- Retail
Listing Agency
(616) 799-6629
Listed by
Russ Bono, CCIM · License #MI 6501380200
(616) 799-6629
Source
Cbre
Added: Jun 3 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 4:27 am
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 Russ Bono, CCIM
Investment Insights
Based on property information with market context.
This offering is a bank and retail-type commercial property totaling 7,066 SF on 2.0 acres. The site is positioned as a large lot for redevelopment, with the property being marketed for potential reconfiguration and new use planning consistent with redevelopment objectives.
The location is described as being on a vibrant commercial corridor at 3215 28th Street Southeast in Kentwood, Michigan. The listing notes that sales associated with Fifth Third and Comerica are subject to a financial institution deed restriction, and those transactions will not close until September.
For buyers evaluating redevelopment, this property’s value centers on the combination of a substantial land footprint and an existing structure sized for reuse or rework within the redevelopment framework. Prospective tenants and investors should take note of the financial institution deed restriction referenced in the remarks, as it may affect allowable ownership and related transfer terms. Interested parties are encouraged to review the deed restriction details and timing so their planning aligns with the stated September closing window.
The location is described as being on a vibrant commercial corridor at 3215 28th Street Southeast in Kentwood, Michigan. The listing notes that sales associated with Fifth Third and Comerica are subject to a financial institution deed restriction, and those transactions will not close until September.
For buyers evaluating redevelopment, this property’s value centers on the combination of a substantial land footprint and an existing structure sized for reuse or rework within the redevelopment framework. Prospective tenants and investors should take note of the financial institution deed restriction referenced in the remarks, as it may affect allowable ownership and related transfer terms. Interested parties are encouraged to review the deed restriction details and timing so their planning aligns with the stated September closing window.
Key Highlights
- 7,066 SF building on a 2.0‑acre site in a commercial corridor
- Large 2.0‑acre redevelopment site in an active commercial area
- Subject to a financial institution deed restriction on current sales, with closing not before September
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Large 2.0-acre site with 7,066 SF in a commercial corridor, subject to a financial institution deed restriction.
Where is this bank located?
The property is located at 3215 28th Street Southeast Kentwood, MI.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 7,066 SF building on a 2.0‑acre site in a commercial corridor; Large 2.0‑acre redevelopment site in an active commercial area; Subject to a financial institution deed restriction on current sales, with closing not before September
