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    2986 28Th St Grandville, MI 49418

    Sponsored
    For Lease
    $13 SF/Yr

    Grandville, MI: Prime Retail & Office

    Lot size:
    2,807 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Grandville, MI commercial property offers 5,321 square feet of retail and office space, situated in a high-traffic shopping center on 28th St SW. The property features two available units: a 2,514 square foot space, previously a restaurant, now adaptable for retail, restaurant, or office use; and an adjacent 2,807 square foot space offering additional flexibility. Both units can be leased separately or combined. The location boasts approximately 25,000 cars passing daily, ensuring high visibility and brand exposure. The shopping center benefits from a diverse tenant mix, ample parking, and convenient access, creating a thriving commercial environment. This prime location is ideal for businesses seeking high visibility and a strong customer base in a well-established commercial hub. The property presents an unparalleled opportunity for growth and success for a variety of business concepts. The smaller unit is currently used for storage, retail, and events. This is a single-tenant opportunity within a larger retail center.

    Property Features for 2986 28Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,807 SF

    Unit(s) available at that property

    Space
    Size
    2,807 SF
    Rate per SF
    $13

    HighLights

    • Retail and office space totaling 5,321 square feet available in a Grandville, MI shopping center.
    • Single‑tenant, 2,807 square foot office space available.
    • High‑traffic location on 28th St SW in Grandville, with approximately 25,000 cars passing daily.
    • Adjacent 2,514 square foot space also available, previously used as a restaurant; suitable for retail, restaurant, or office use.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grandville
    County
    Kent
    State
    Michigan
    Longitude
    -85.7389891
    Latitude
    42.9128577

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    FAQs

    What type of property is this?
    Office Property / Space - Grandville, MI: Prime Retail & Office
    Where is this office property / space located?
    The property is located at 2986 28Th St Grandville, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Retail and office space totaling 5,321 square feet available in a Grandville, MI shopping center.; Single-tenant, 2,807 square foot office space available.; High-traffic location on 28th St SW in Grandville, with approximately 25,000 cars passing daily.
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    Grandville, MI 49418
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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
    2986 28Th St Grandville, MI 49418
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