2986 28th SW St Grandville, MI 49418-2703
This exceptional Grandville, MI commercial property offers 5,321 square feet of retail and office space, situated in a high-traffic shopping center on 28th St SW. The property features two available units: a 2,514 square foot space, previously a restaurant, now adaptable for retail, restaurant, or office use; and an adjacent 2,807 square foot space offering additional flexibility. Both units can be leased separately or combined. The location boasts approximately 25,000 cars passing daily, ensuring high visibility and brand exposure. The shopping center benefits from a diverse tenant mix, ample parking, and convenient access, creating a thriving commercial environment. This prime location is ideal for businesses seeking high visibility and a strong customer base in a well-established commercial hub. The property presents an unparalleled opportunity for growth and success for a variety of business concepts. The smaller unit is currently used for storage, retail, and events. This is a single-tenant opportunity within a larger retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
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
C-3 · Grandville, MIGrandville. 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.