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    OFF-MARKET
    Commercial real estate

    2052 Celadon Dr, Grand Rapids, MI 49525

    2,916 SF
    Property ID
    US43-4296022
    Property summary
    AI-generated overview

    This exceptional Grand Rapids property at 2052 Celadon Dr NE, Kent County, MI 49525, presents a unique live-work opportunity in the desirable Celadon Village. The building offers a total of 2,916 square feet, strategically divided into distinct commercial and residential spaces. The ground floor encompasses 972 square feet of newly updated retail or office space, ideal for a variety of businesses. An attached garage provides convenient parking. Above the commercial space, a luxurious 1,944 square foot residential unit spans the second and third floors. This high-end residence boasts four bedrooms, two and a half bathrooms, and two outdoor spaces – patios or balconies – offering stunning views. Located conveniently near the intersection of East Beltline and Knapp Street, this property is perfect for an owner-occupant seeking a blend of professional and personal life, or for an investor looking for a strong rental income stream. The asking price is $570,000. This is a rare opportunity to acquire a versatile and well-appointed property in a highly sought-after Grand Rapids neighborhood.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,916 SF
    UPID US43-4296022
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Siren & Proper Celadon Hair Salon Nail Salon
    • Color Street by Glimmer With Grace Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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