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25 Ida Red Ave, Sparta, MI 49345

Commercial property for sale

Description
Description VIDEO TOUR AVAILABLE please contact agent for link. The Apple Valley Center is a 15,000 sqft shopping center anchored by the State of Michigan and All About Learning. There are two 1500 sqft units available for lease and some great value add potential. The center has a large parking lot and lots of green space. Apple Valley Center's in-place cap rate is 13%. Based on the proforma for 2013 the cap rate rises to 15.6%. The Apple Valley Center is located in the Northwest Grand Rapids suburb of Sparta, off of the main access Division St, between Applewood Dr and Ida Red Ave. McDonalds and Choice One Bank are adjacent to the Apple Valley Center. The Apple Tree Apartments, one of the largest apartment developments in the area, are across Ida Red Ave from the center. Contact Coleman Baar of RE/MAX Commercial Group for mor details. My cell phone number is (678) 488-8477 Building price details: $560,000.
Property Details

Building Name:	Apple Valley Center
Property Type:	Retail
Use Types:	Net Leased, Strip Center
Status:	Available
Price:	$ 37 +/SF
Number of Stories:	1
Year Built:	1992
Year Renovated:	2005
MSA:	Grand Rapids-Wyoming
Zoning:	VGC
Buildings:	1
Tenancy:	Multiple Tenants
Construction:	Brick
Terms:	Cash to Seller, Owner Financing
Added:	11/05/2012
Last Update:	11/12/2012

Parking Type:

Surface

Note
Details Info about this row that located on 25 Ida Red Ave, Sparta, MI 49345 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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