2535 5 Mile Rd NE

Overview

Great opportunity to own a commercial building just off the Plainfield Avenue corridor in Northeast Grand Rapids. This two-unit property offers a lot of flexibility, whether you're looking for a place to operate your own business, add an investment property to your portfolio, or do a little of both.One unit is currently occupied by a long-term tenant, giving the new owner rental income from day one. The second unit is vacant and ready to go, making it a great option for an owner-user or a new tenant.The property has plenty of parking, great visibility and signage opportunities, plus an additional garage for storage—something that's not always easy to find with commercial properties in this area.Located near the busy Plainfield Avenue commercial corridor, the property is surrounded by established businesses, neighborhoods, restaurants, shopping, and everyday services, with convenient access throughout Northeast Grand Rapids.At $389,900, this is a great chance to own a manageable, versatile commercial property with an existing tenant already in place and plenty of options for the available space. A land contract is also an option. If you’re interested, we can discuss the down payment, interest rate, payment schedule, and balloon payoff.

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