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Jenn Smart

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4061 Plainfield , Grand Rapids, MI 49525
$1,080,000
Est. Payment: $5,628.03/mo
0 Bed
0 Bath
8126 Sqft
Status: active | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Don't miss this outstanding investment opportunity featuring three fully leased commercial units totaling approximately 8,100 square feet in the highly traveled Plainfield Avenue Corridor. This property offers excellent visibility and exposure, making it an attractive location for long-term tenants and future appreciation. All three units are fully occupied with lease NNN terms extending another 4 to 5 years, providing immediate, stable cash flow for investors. The building is well-equipped for a variety of commercial and retail uses, featuring service bays and overhead doors that add flexibility and functionality for tenants. Strategically positioned along one of the area's busiest commercial corridors, this property benefits from strong traffic counts, excellent accessibility, and a thriving business environment. Performs at an 8 CAP + currently with annual escalations. Package this listing up with the next-door bank building and acreage to the west for a redevelopment site.

Highlights

Listed by Brian DeSmit , (616) 813-3402 Apex Realty Group , (616) 277-1463. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
0.7

Year Built

1971

County

Kent

Area

Plainfield Twp (35007)

Listing ID

70548269

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:8126

Exterior Features

Lot Dimensions:140x245 IRREG
Zoning:Commercial
Roof:Rubber
Principal Interest
$5,628
Taxes
$1,474

Home Price

$1,080,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$216,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,628.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,628.03 $1,473.50 $0.00 $7,101.53
Yearly $67,536.36 $17,682.00 $0.00 $85,218.36
Total $2,026,090.88 $530,460.00 $0.00 $2,556,550.88
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

IDX service by Blueroof 360

Data last updated: 2026-09-02T04:57:55.100Z

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