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Listing provided courtesy of LCB & Associates Realty- MLS# 24012772MLS Provider

1628 Madison Avenue SEGrand Rapids, MI 49507

Commercial · 1 Full Bath · 3,168 Sq. ft. | 0.07 Acres
$400,000 Active

1628 Madison Avenue SE Overview

Time on Site:
836 days
Visits:
3

Prime Commercial Real Estate Opportunity in the Heart of the City. Seize the opportunity to own a distinguished commercial building boasting over 4,000 square feet of versatile space. This prime property is strategically located to maximize your business visibility and accessibility. Mixed Use, Office Showroom and General Buyer to verify all measurements

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1628 Madison Avenue SE Facts & Features

  • Type Commercial
  • Sq. ft. 3,168
  • Price/Sq.ft. $126
  • Lot 0.07 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1936

Location/Region

  • County Or Parish: Kent
  • MLS Area Major: Grand Rapids - G
  • MLS Area Minor: Grand Rapids - G

Tax Information

  • Tax Annual Amount: 1402.73

General Information

  • Parcel Number: 41-18-06-401-004
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1

Building Interior

  • Building Area Total: 3168.0

General Information

  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Dimensions: 0
  • Lot Size Square Feet: 3168.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

General Information

  • Number Of Units Total: 1
  • Utilities: Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer

1628 Madison Avenue SE Neighborhood

Community

49507 (Grand Rapids) Demographics

30
Median Age
7,200
Population Density (per sq. mile)
29%
College Educated
$42,426
Estimated Median Income
7,625
Estimated Total Home Owners
5,043
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1628 Madison Avenue SE Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1628 Madison Avenue SE Market Data

Based on the last 30 days in this zip code

$265,207
Average List Price
$179
Average Price per Square Foot
45
Properties Sold
54
Average Days on Market
205
Properties for Sale
Calculations provided by Reliance Network

1628 Madison Avenue SE History

Date Event Value Agent
8/16/2024Source: MichRIC MLS Price Reduction
$400,000 -11.1%