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    FOR SALE
    Commercial real estate

    2855 Byron Center Ave SW, Wyoming, MI 49519

    5,272 SF 0.93 ac lot Built 1970
    Entity Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US43-1395670
    Property summary
    AI-generated overview

    This exceptional 5,272 square foot medical office building, located at 2855 Byron Center Avenue SW in Wyoming, Michigan, presents a compelling investment opportunity. Priced at $800,000 ($151.75/SF), this Class B property sits on approximately 1.43 acres of land, offering potential for future expansion. The building is conveniently situated near the intersection of 28th Street SW and Byron Center Avenue SW, providing excellent visibility and accessibility. Currently configured as two separate units, the larger front space is designed as a chiropractic office, while the smaller rear unit features open space and private offices. The property boasts numerous desirable features including several private offices, conference rooms, exam rooms, restrooms, a kitchenette, and a break room. Its strategic location near I-196 and US-131 ensures convenient access for patients and staff. This versatile space is well-suited for a variety of medical uses, including dental practices, counseling centers, medical clinics, or physical therapy offices. The property's ample land and convenient location make it an attractive option for medical professionals seeking a well-established and easily accessible location in Kent County, Michigan (APN: 41-17-16-226-021). The building's existing layout offers immediate occupancy, while the available land allows for future growth and adaptation to meet evolving business needs.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1970
    Total area 5,272 SF
    Lot 0.93 ac (40,337 SF)
    Zoning code B2
    APN 41-17-16-226-021
    UPID US43-1395670
    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
    • Michigan Neuropathy Center Physician
    • Kooistra Chiropractic Clinic - Wyoming Alternative Medicine Practice
    • Kooistra Jared L DC Alternative Medicine Practice
    • Kooistra Chiropractic Clinic - Dr. Mark Koldenhoven Alternative Medicine Practice
    • Gerald B. Kooistra, DC Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $770k
    Blend (final) Blend
    $770k
    Owner & transaction history
    Kooistra Family Properties · 22 yrs held
    Kooistra Family Properties
    since 2004
    3 recorded transactions
    2004
    2003
    2003
    Zoning & alternative use
    B2 · Wyoming, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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