2180 44th St SE - Loft/Creative Space FOR SALE


Kentwood, MI 49508
$895,000 USD
954-560-3601
2180 44th St SE, Kentwood, MI for Sale
$895,000 USD
Loft/Creative Space - FOR SALE
1/10
null | 9.83% Cap Rate

2180 44th St SE
Kentwood, MI 49508


HIGHLIGHTS

  • Accessible location within Kentwood's established commercial corridor.
  • Multiple private offices and conference rooms support professional users.
  • Flexible office layout can be reconfigured to meet tenant needs.

OVERVIEW

Fully leased office investment opportunity in Kentwood, MI. This 100% occupied property generates approximately $88,000 in annual NOI, representing an attractive 8% cap rate at the $1,100,000 asking price. The property offers immediate in-place cash flow with established tenants and is well-positioned within the Grand Rapids/Kentwood commercial market. Ideal for investors seeking a stabilized income-producing office asset.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

9.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,941 SF

ZONING

C4

APN/PARCEL ID

41-18-28-212-013

ASK ABOUT THIS PROPERTY

Vince RostovRostov EnterprisesMore Info
954-560-3601

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Vince RostovRostov EnterprisesMore Info
954-560-3601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.