Property summary
This turnkey retail operation, White Creek Lumber and Hardware, is situated on a 3.93-acre lot in Cedar Springs, MI, a growing community near Grand Rapids. The property boasts 28,346 square feet of retail space spread across three buildings: a 10,000 sq ft main building and two 5,832 sq ft pole barns with fenced storage. The main building features a block construction with a recently replaced engineered Douglas Fir roof and four new HVAC units. Security is enhanced by burglar and fire alarms, and a 2023 updated multi-camera security system. The property includes 36 parking spaces and benefits from high visibility due to its location on a three-lane road and proximity to the 131 expressway. The property is zoned H-C and has a 757 ft lot depth and 254 ft lot width. The sale includes two 2019 F150 trucks, a 2019 F550 tilt bed truck, and a 2017 UniCarrier forklift (8000# capacity). This established business offers excellent potential for continued growth and profitability. The asking price is $3,500,000, with a price per square foot of $137.59. The property is currently 100% occupied and was built in 1988, with renovations completed in 2023. The APN is 410235200035|2.
Property profile
VerifiedCap rate & NOI
Current use
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Building Supply Hardware & Home Improvement
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
H-C · Cedar Springs, MIZoning
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Zoning designation
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