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    Comstock Park, MI
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    Comstock Park, MI Residential Income Properties for Sale

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    Grand Rapids, MI Belmont, MI Walker, MI Sparta, MI East Grand Rapids, MI Rockford, MI Ada, MI Wyoming, MI
    Mixed-Use Office/Retail Building
    Updated: Dec 9, 2025
    Mixed-Use Office/Retail Building

    3955 W River Drive NE, Comstock Park, MI 49321

    $846,900
    4,931 sqft 0.24 AC lot
    Highly visible commercial building on the corner of West River Dr. and Lamoreaux Dr. with large traffic counts at slow speeds
    Building includes a large showroom floor with reception area, plus six separate offices, an office kitchen, 2 half baths, and multiple storage areas
    Two apartments upstairs with separate utilities and separate entrances
    Second floor offers a 1 bed/1 bath apartment and a 2 bed/1 bath apartment, plus a separate office (all with private entrances)
    Third floor has hardwood flooring and potential to be converted into a 3rd apartment (Plainfield Township approval required)
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    This listing looks promising.

    Here's a quick look at some key insights for

    3955 W River Drive NE, Comstock Park, MI 49321

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Mortgage

      $52K
      Oct 2022
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    Comstock Park Mixed-Use Investment Opportunity
    Updated: Feb 5
    Comstock Park Mixed-Use Investment Opportunity

    3955 W River Dr NE, Comstock Park, MI 49321

    Contact for pricing
    4,931 sqft
    High‑visibility commercial building in a sought‑after NE location with easy highway access.
    Two upstairs apartments with separate utilities and entrances offer additional income.
    Large showroom floor features a reception area, six offices, and ample storage.
    Potential to convert third‑floor storage into a third apartment (subject to approval).
    New flat roof and newer arched steel roof.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Comstock Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    City-Certified Duplex Residence
    City-Certified Duplex Residence

    238 Travis Street NE, Grand Rapids, MI 49505

    $247,000
    0.13 AC lot

    Turnkey duplex with two separate units, city certification through January 2028, and exclusive outdoor space for the main level.

    View details
    Updated Duplex with Separate Utilities
    Updated Duplex with Separate Utilities

    129 Palmer Street NE, Grand Rapids, MI 49505

    $309,000
    0.15 AC lot

    Updated duplex with separate electric, gas, heating, and in-unit washer/dryer in each unit.

    View details
    City-Certified Duplex Income Property
    City-Certified Duplex Income Property

    238 Travis St NE, Grand Rapids, MI 49505

    $249,900

    Turnkey, city-certified duplex with separate electric meters and two fully occupied rental units.

    View details
    Remodeled Duplex in Grand Rapids
    Remodeled Duplex in Grand Rapids

    1568 Forrest Ave NE, Grand Rapids, MI 49505

    $324,900

    Well-maintained duplex with updated interiors and separate utilities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Grand Rapids 1.3 Acre Land
    Grand Rapids 1.3 Acre Land

    4590 3 Mile Road NE, Grand Rapids, MI 49525

    $124,900
    1.31 AC lot

    1.3 acre single family building site near Knapp's Corner.

    View details
    Grand Rapids Township Land Parcel
    Grand Rapids Township Land Parcel

    4590 3 Mile Road NE, Grand Rapids, MI 49525

    $158,000
    1.45 AC lot

    1.45 acre single family building site in Grand Rapids.

    View details
    Premier Homesite in East Grand
    Premier Homesite in East Grand

    250 Plymouth Avenue SE, Grand Rapids, MI 49506

    $695,000
    0.48 AC lot

    Exclusive homesite near Gaslight Village and Reeds Lake.

    View details
    Residential Lot in Cambridge Grove
    Residential Lot in Cambridge Grove

    1767 Blaketon Drive NW, Walker, MI 49534

    $119,900
    0.32 AC lot

    Residential lot available in Walker, close to Grand Rapids.

    View details

    Comstock Park, MI Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Comstock Park, MI on our real estate platform. These investment opportunities span a total of 9,862 square feet of properties for sale, with an estimated market value of $846,900.

    Sale prices for residential income properties in Comstock Park, MI average $846,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Multifamily properties 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) -9.2%
    Median Household Income $74,691
    College Educated 37.7%

    High-Yield Neighborhoods for Investment

    Identify Comstock Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49321 $607.2K

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $90.24 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

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