2775 Prt Sheldon St, Jenison, MI 49428-9359
This exceptional 1-square-foot retail property, located at 2775 Port Sheldon Street in Georgetown Township, Michigan, presents a unique investment opportunity. Previously occupied by a Rite Aid pharmacy, this strategically positioned space boasts high visibility at the intersection of Port Sheldon and Main Streets, ensuring excellent accessibility for Jenison residents. The property sits on a 2.41-acre lot (APN 70-14-21-400-097) and is zoned Commercial NS, offering potential for diverse commercial uses. Its prime location within the thriving Jenison community, a growing suburb of Grand Rapids, benefits from a strong residential market and limited commercial vacancy. The area's dense housing population and proximity to a large Family Fare grocery store across the street further enhance its appeal. The asking price is $1,625,000. This property offers significant potential for investors seeking a high-traffic location in a rapidly developing area. The property's previous use as a pharmacy suggests a history of successful retail operations, and its size and location make it suitable for a variety of commercial ventures. The property's location in Ottawa County, Michigan, zip code 49428, provides easy access to major transportation routes and a strong local economy. This is an exceptional opportunity to acquire a well-situated retail property in a desirable and growing market.
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CDReload - Online Bitcoin ATM Crypto Atm Atm
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Huong D. Nguyen, RPh Pharmacy
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higi Physician
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Kate Bosscher, PharmD Pharmacy
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Rite Aid Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NS · Jenison, MIJenison. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.