For Sale Commercial MLS# 26050523

1809 Plainfield Avenue NE

Grand Rapids, MI 49503

$650,000

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoMantle Realty Co.
AgentJohn McMahon

About 1809 Plainfield Avenue NE

Excellent opportunity to acquire a fully occupied, five-suite commercial investment property along the highly visible Plainfield Avenue corridor in Grand Rapids' desirable Creston neighborhood. The building offers approximately 5,000 square feet of total rentable space including recently renovated basement offices, providing multiple income streams, and reduced exposure to any single tenant. The tenant mix includes a restaurant space equipped with a commercial hood, fire-suppression system, grease trap, kitchen, , along with four additional commercial suites. The entire building is currently leased and offers investors a strong capitalization rate with immediate income from a diversified tenant base. Located near established restaurants, retailers, residential neighborhoods and public transportation, this is a compelling opportunity to acquire a stabilized commercial asset with long-term upside in one of Grand Rapids' active neighborhood business corridors.

Property details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1910
Stories
5000
Living area
5,000 sqft
Price / sqft
$130
Lot
0.102
Full baths
4
Original price
$650,000
MLS #
26050523

Interior

Heating
Forced Air
Cooling
Central Air

Exterior & lot

Construction
Brick, Block

Schools

District
Grand Rapids Public Schools

Utilities

Utilities
Public Water, Electricity Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Financial

Financial
Michigan Regional Information Center (MichRIC)
Annual tax
$8,734
Tax year
2026
Parcel
41-14-18-205-004
Legal
LLO: LOT 174 EXC COM ON E LINE OF OAKWOOD AVE 161.69 FT N OF N LINE OF ANN ST TH N 38.45 FT ALONG SD AVE LINE TH SE...

Location

County
Kent
Neighborhood
Creston Heights
Community
Grand Rapids

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.