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    4765 River Dr Comstock Park, MI 49321

    Sponsored
    For Sale
    $925,000

    Established Business, High Revenue Potential, 0.84 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Comstock Park storefront at 4765 W River Drive NE presents a unique investment opportunity. The property boasts a substantial 0.84-acre lot with 340 feet of frontage on West River Drive, offering significant visibility and accessibility. The building has served as a successful, long-standing retail business for over 60 years, demonstrating consistent revenue and a strong community presence within the greater Grand Rapids market. The property features a depth ranging from 80 to 150 feet on the east end, and includes four convenient access and egress points. This sale includes the established business, the building itself, and the land, providing a comprehensive package for the discerning investor. The property's history of success, combined with its prime location and substantial lot size, makes it an ideal acquisition for those seeking a proven, high-revenue-generating asset in a thriving Michigan community. The asking price is $925,000. This is a rare opportunity to acquire a well-established business with significant growth potential in a desirable location. The property is zoned for retail use and offers a multitude of possibilities for future development or continued operation as an established business.

    Property Features for 4765 River Dr

    General Information

    Property type
    Individual retail properties
    Lot Size
    36,590 SF

    HighLights

    • Exceptional Comstock Park storefront on 0.84‑acre lot with 340 ft of frontage on W River Drive.
    • Established retail business operating for over 60 years, offering consistent revenue.
    • Building features 80‑150 ft depth, four access points, and is zoned for retail use.
    • Sale includes building, land, and established business; asking price $925,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brenner's Sporting Goods Fishing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Comstock Park
    County
    Kent
    State
    Michigan
    Longitude
    -85.6543428
    Latitude
    43.0498623

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    Nearby Similar for Sale

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      Comstock Park Commercial Building

      Highly visible commercial building with apartments and showroom.
      3955 W River Dr NE, Comstock Park, MI 49321
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    • Contact for pricing
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      Comstock Park Medical Office Building

      9,484 SF Medical Office, $1.25M
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      Alpine Avenue Retail Center

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    FAQs

    What type of property is this?
    Individual retail property - Established Business, High Revenue Potential, 0.84 Acres
    Where is this individual retail property located?
    The property is located at 4765 River Dr Comstock Park, MI.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Exceptional Comstock Park storefront on 0.84-acre lot with 340 ft of frontage on W River Drive.; Established retail business operating for over 60 years, offering consistent revenue.; Building features 80-150 ft depth, four access points, and is zoned for retail use.
    Request Owner's contact information
    4765 River Dr Comstock Park, MI 49321
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    Comstock Park, MI 49321
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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
    4765 River Dr Comstock Park, MI 49321
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