1412 Alpine Ave NW, Grand Rapids, MI 49504

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Timothy T.

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Building Details:

• Year Built: 1991

1412 Alpine Ave NW is aretail property for lease in Grand Rapids, MI.

More Value Used Cars has been the existing business that has moved from this location to the Cedar Springs area. The real estate that is for sale is 4/10ths of an acre of commercial real estate which includes both 1412 and 1420 Alpine Ave Grand Rapids MI. Car Sales generated for this location has grossed over 1 million dollars in the past year. This property is turn key with over 500 sq ft of office space with kitchette, 1/2 bath and large conference area. The shop is over 1000 sq ft and includes a lift, compressor, insulated and heated plus 2x12 foot over head service doors. The ceiling height in the shop is apprximately 15 ft. Other amenities include neon lights in windows, 2 AC units, Alarm system with security cameras covering the outside grounds, parking for 30-35 cars, exterior lighting and motion lighting. The lot dimensions are 99.4 ft of frontage on Alpine ave with 174 ft of depth. The owner purchased the the adjacent property in order to expand the exixting property. The city required additional drainage and a drainage system was installed in order to accomadate city specs. The curent owner has operated at this location for over 6 years. CBS sign on property that generates $1131.00 yearly and increases in five year increments approximately 200 per 5 years through 2028. The terms of financing are cash out or Land contract 100k dn, balance 1% per month, 8% int. with 5 year Payoff. Subject to credit approval.

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