$1,050,000
Grand Rapids, MI 49503
MLS# 26001795
2 baths | 4614 sqft
1 / 51
Property Description
An opportunity of a lifetime! This recently renovated commercial building offers exceptional versatility with retail space thoughtfully divided into a market, a hair salon, and two beautifully remodeled apartments. Ideally located in the heart of the Fulton Heights Business District, just minutes from downtown Grand Rapids and I-96. New roof with 20-year warranty, new HVAC, updated plumbing, and electrical. This property combines prime location with income potential. 24-hour notice required for all showings.
Details
Maps
Location & Property Info
Cross Streets: Holland Ave.
Property Sub-Type: Retail
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 227.57
Prop Avail for Lease?: No
Current Bldg Use: Apartments/Retail
General Property Info
New Construction: No
Lot Dimensions: 33x71.5
Road Frontage: 33
Mineral Rights: Unknown
Waterfront: No
Year Remodeled: 2018
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 4614
Property Use Type: Business
School District: Grand Rapids
Lot Measurement: Acres
Lot Acres: 0.05
Lot Square Footage: 2352
Year Built: 1929
Full Baths: 4
Total Baths: 2
Tax Info
Taxable Value: 165229
SEV: 290700
For Tax Year: 2025
Seller's Annual Property Tax: 8734
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: 0
Non-Conforming Use: No
Zoning: Commercial Imp.
Tax ID #: 41-14-29-158-016
Remarks & Misc
Public Remarks: An opportunity of a lifetime! This recently renovated commercial building offers exceptional versatility with retail space thoughtfully divided into a market, a hair salon, and two beautifully remodeled apartments. Ideally located in the heart of the Fulton Heights Business District, just minutes from downtown Grand Rapids and I-96. New roof with 20-year warranty, new HVAC, updated plumbing, and electrical. This property combines prime location with income potential. 24-hour notice required for all showings.
Legal: LOT 1269* STEINMANN S ASSESSOR S PLAT NO 42
Waterfront Options
Water Access Y/N: No
Income and Expenses
Total Actual Rent: 6110
Street Type
Paved: 1
Public: 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Retail: 1
Other: 1
Construction Type
Block: 1
Pole/Wood: 1
Exterior Material
Brick: 1
Stone: 1
Roofing
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Other: 1
Below Grade
Basement: 1
Partial: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Additional Features
Fire Sprinkler: 1
Multi User Facility: 1
Util Avail at St
None: 1
Docs Req Conf Agrmnt
Leases: 1
Rent Roll: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: apartment 1
SqFt: 1230
Occupied: Yes
Rent $/Month: 1800
# Baths: 2
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Unit 2
Unit Description: apartment 2
SqFt: 1113
Occupied: Yes
Rent $/Month: 1790
Tenant Pays Electric: 1
# Baths: 2
Tenant Pays Gas: 1
Unit 3
Unit Description: retail 1
SqFt: 1446.2
Occupied: Yes
Rent $/Month: 1815
# Baths: 1
Unit 4
Unit Description: Retail 2
SqFt: 825
Occupied: Yes
Rent $/Month: 910
# Baths: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 953
Street Name: Fulton
Suffix: Street
Post Direction: E
State: MI
Zip Code: 49503
OfficeContract Info
Status: Active
Current Price: $1,050,000
List Price: $1,050,000
Listing Date: 2026-01-15
Remarks Misc
Directions: Fulton St. to Corner of Holland Ave & Fulton St.
Property Features
Property Use: Business; Investment
Uses: Retail; Other
Ownership: Other
Business Includes: Non-Applicable
Construction Type: Block; Pole/Wood
Exterior Material: Brick; Stone
Roofing: Other
Below Grade: Basement; Partial
Additional Features: Fire Sprinkler; Multi User Facility
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at St: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Leases; Rent Roll
Sale Conditions: None
Unit 1: Tenant Pays Electric; Tenant Pays Gas
Unit 2: Tenant Pays Electric; Tenant Pays Gas
Possession: Subject To Tenant Rights
Listing Office: JH Realty Partners
Listing Agent: Jeff Heglund
Last Updated: March - 03 - 2026
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