Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    155 28Th St Grand Rapids, MI 49548

    Sponsored
    For Sale
    $3,950,000

    Prime 5-acre retail site, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 5.095-acre commercial land parcel presents a remarkable investment opportunity in Grand Rapids, Michigan. Located at 155 28th St SW, this property boasts a highly desirable location at the lighted, hard-corner intersection of Buchanan Avenue and 28th Street, ensuring exceptional visibility and accessibility. With over 500 feet of frontage, the site benefits from exposure to a daily traffic count exceeding 42,000 vehicles. Its proximity to the US-131 Interchange (less than 200 feet) further enhances its strategic advantage. The property's zoning designation is FBC-CE, allowing for a variety of commercial uses, including the possibility of a drive-thru facility. The asking price is $3,950,000, translating to approximately $804,410.50 per acre. The parcel's size and location make it ideal for a wide range of commercial developments, capitalizing on the high traffic volume and convenient access to major transportation routes. The property's APN is 41-17-12-476-013. This is a rare opportunity to acquire a prime commercial land parcel in a thriving Grand Rapids location. Serious inquiries are encouraged.

    Property Features for 155 28Th St

    General Information

    Property type
    Individual retail properties
    Lot Size
    221,938 SF

    HighLights

    • $3,950,000 asking price.
    • 5.095‑acre commercial land parcel.
    • Located at 155 28th St SW, Grand Rapids, MI 49548.
    • High‑traffic corner lot with over 500 feet of frontage on Buchanan Ave and 28th St, near US‑131.
    • FBC‑CE zoning, allowing for various commercial uses, including drive‑thru potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.669698
    Latitude
    42.914121

    Nearby Similar for Sale

    • $897,500
      0.36 Acres

      Historic Grand Rapids Multifamily Property

      Spacious, historic multifamily home in Grand Rapids' Heritage Hill district.
      400 Fulton St E, Grand Rapids, MI 49503
      View Details
    • $1,749,900
      Pending

      Historic Boutique Hotel Opportunity

      Turn-key boutique hotel in downtown Grand Rapids with luxury suites.
      22 Jefferson Ave SE, Grand Rapids, MI 49503
      View Details
    • $799,999
      0.17 Acres

      Mixed-Use Block in Grand Rapids

      Seven buildings with apartments, commercial units, and a single-family home.
      1200-1210 White St NW, Grand Rapids, MI 49504
      View Details
    • New
      $930,000
      0.17 Acres

      Renovated Two-Unit Home Near Downtown

      Spectacularly renovated two-unit home near Heritage Hill and downtown.
      643 Madison Ave SE, Grand Rapids, MI 49503
      View Details
    • New
      $330,000
      0.11 Acres

      Grand Rapids Multifamily Home

      Spacious 4-bedroom home near Wealthy Street District.
      1019 Calvin Ave SE, Grand Rapids, MI 49506
      View Details
    • $2,298,000
      Pending

      Eastown Grand Rapids Liquor Store

      Iconic liquor store with apartment in vibrant Eastown neighborhood.
      1485-1489 Lake Dr SE, Grand Rapids, MI 49506
      View Details
    • New
      $249,900
      Pending

      Grand Rapids Church with Potential

      Spacious church with conversion potential in a desirable location.
      602 Lafayette Ave NE, Grand Rapids, MI 49503
      View Details
    • New
      $439,900
      0.17 Acres

      Grand Rapids Multifamily Property

      Multifamily property for sale in Grand Rapids, Michigan.
      1222 Wealthy St SE, Grand Rapids, MI 49506
      View Details
    • $634,900
      8,446 SF

      Versatile Commercial Property, Grand Rapids

      Five rentable units with income potential in Grand Rapids, MI.
      4000 Remembrance Rd NW, Grand Rapids, MI 49534
      View Details
    • $289,900
      0.27 Acres

      Renovated Duplex in Grand Rapids

      Charming, updated duplex perfect for investors or owner-occupants.
      917 Jefferson Ave SE, Grand Rapids, MI 49507
      View Details
    • $309,000
      Pending

      Multifamily Property in Grand Rapids

      Multifamily property with two units, move-in ready near downtown.
      1014 Jennette Ave NW, Grand Rapids, MI 49504
      View Details
    • $337,900
      Pending

      Updated Duplex in Grand Rapids

      Modernized two-family home with off-street parking and garage.
      27 Rose St SW, Grand Rapids, MI 49507
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime 5-acre retail site, high traffic.
    Where is this individual retail property located?
    The property is located at 155 28Th St Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: $3,950,000 asking price.; 5.095-acre commercial land parcel.; Located at 155 28th St SW, Grand Rapids, MI 49548.
    (616) 235-0900
    Request Owner's contact information
    155 28Th St Grand Rapids, MI 49548
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    155 28Th St
    Grand Rapids, MI 49548
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    155 28Th St Grand Rapids, MI 49548
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.