Property profile

3940 29th SE St Kentwood, MI 49512

OFF-MARKET
Commercial real estate
Property ID
US43-1070081
1,720 SF 0.36 ac lot Built 1974
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 3940 29th Street SE in Kentwood, Michigan, presents a unique investment opportunity. Situated on a 0.36-acre lot, the building offers a versatile layout ideal for a variety of business uses. The property features two distinct units, each with its own separate entrance, providing flexibility and potential for multiple tenants or a single business expanding its operations. The first unit boasts at least six individual office spaces, perfect for a company requiring multiple work areas or a shared office environment. The second unit adds further versatility with a finished basement area, suitable for additional office space or storage, and a conveniently located bathroom. The building has undergone recent updates, enhancing its appeal and functionality. The asking price is $450,000, representing a compelling value for a property with such significant potential. This is an excellent chance to acquire a well-maintained, multi-use commercial building in a desirable Kentwood location. The property's size and layout offer considerable adaptability, making it suitable for a wide range of commercial enterprises. Its updated condition minimizes immediate capital expenditure needs, allowing for a quicker return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property's location in Kentwood offers easy access to major transportation routes and amenities, further enhancing its attractiveness to potential tenants or business owners.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Total area 1,720 SF
Lot 0.36 ac (15,769 SF)
Zoning code C4
APN 41-18-14-228-016
UPID US43-1070081

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center

Location

3940 29th SE St Kentwood, MI 49512-1818
Kentwood metro Census 12608 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2025
$373,947
2023
Price N/A
2022
$237,000
2022
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

C4 · Kentwood, MI
Zoning description

outside the city; and C-4 office/business district, which is intended primarily to permit office and business uses of a less intensive nature than those in the other commercial districts. These regulations shall provide…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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