824 Lake Michigan Dr NW, Grand Rapids, MI 49504
FOR SALE0.31 ACRES

824 Lake Michigan Dr NW
Grand Rapids, MI 49504

Southwest
  • Studio
  • Studio

$800,000

Original price: $899,900
Est. Mortgage $4,999/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Great investment opportunity on the west side of Grand Rapids. Corner lot commercial/Industrial/Multi-Family opportunity! Stand Alone building with three apartments upstairs, fenced yard, open commercial/industrial/retail space. Great owner user and redevelopment opportunity. All showings must be during normal business hours M-F 10am-4:00pm. Additional multi-family could be developed depending on plans and city approvals.

Showings to be during Business hours only M-F 10am-4pm and Sat by appointment.

Home Highlights

Parking
10 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 824 Lake Michigan Dr NW

Interior Features

Interior Details
Basement: Partial
Appliances & Utilities
Utilities: Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Broadband Available, Natural Gas Connected, Electricity Connected, Cable Connected
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1
Gas & Electric
Has Electric on Property

Exterior Features

Exterior Home Features
Roof: Rubber
Parking & Garage
No Attached GarageParking Spaces: 10Parking: Concrete,Driveway,Gravel
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer, Storm Sewer Available

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 2 to 4 Units
Building
Construction Materials: Wood Siding, Brick, BlockNot a New Construction
Property Information
Parcel Number: 411326279001

Price & Status

Price
List Price: $800,000

Active Status

MLS Status: Active

Location

Direction & Address
City: Grand Rapids
School Information
High School District: Grand Rapids

Agent Information

Listing Agent
Listing ID: 23000455

HOA

Has an HOA

Lot Information

Lot Area: 0.31 acres

Offer

Listing Terms: Cash, Conventional

Compensation

Sub Agency Commission: 0.00Sub Agency Commission Type: %Transaction Broker Commission: 0.00Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: None

Miscellaneous

Mls Number: 23000455

Additional Information

HOA Amenities: Storage
Last check for updates: 1 day ago
Listing courtesy of Michael R Gantos, (616) 957-5500
Gantos Group LLC, (616) 957-5500
Source: MichRIC, MLS#23000455

Price History for 824 Lake Michigan Dr NW

DatePriceEventSource
09/01/2023$800,000PriceChange
MichRIC #23000455
01/05/2023$899,900Listed For SaleMichRIC #23000455
01/19/2000$95,000Sold
N/A

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Property Taxes and Assessment

Year2021
Tax$5,136
Assessment$381,600
Home facts updated by county records

Comparable Sales for 824 Lake Michigan Dr NW

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Multi-Family Home
$119,900
10/25/23
-
-
0.29
Multi-Family Home
$162,500
08/08/23
-
-
0.19
Multi-Family Home
$385,000
01/19/24
-
-
0.20
Multi-Family Home
$290,000
01/29/24
-
-
0.15
Multi-Family Home
$218,000
10/25/23
-
-
0.12
Multi-Family Home
$224,900
05/19/23
-
-
0.24
Multi-Family Home
$440,000
10/11/23
-
-
0.24
Multi-Family Home
$247,500
03/19/24
-
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southwest

  • Trulia User
    "we have Douglas Park where the kids yell and scream. another kids play basketball on the basketball court and they yell at Scream It's miserable can't wait to move."
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  • Trulia User
    "Pulaski days are a big hit. Oktoberfest isn’t far. Sports games at bars is big. John ball is a great zoo. Great park in front of it too. It needs a gas station but the one up Lake Michigan dr isn’t too far and there’s one somewhere over by Leonard too. "
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  • Trulia User
    "This is a decent area it just needs more people invested in community. There are good parks, lots of shopping and a plethora of coffee shops to frequent."
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  • Trulia User
    "It has the ability to be a great neighborhood but the schools need more parental advocacy. There needs to be a lot more community engagement as well"
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  • Trulia User
    "Find programing for your kids, there are plenty available here. Schools are lack luster but if you are involved regularly your child will succeed. "
    1
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  • Trulia User
    "There is always something to do: from local block parties, ample parks, great community resources. It's a great place to live. "
    0
    Flag
  • Trulia User
    "Look for community engagement things for your children. Many have seizures for extra curricular programing for kids and youth. "
    0
    Flag
  • Shyloh F.
    "I'm new to town and feel safe. I wish there was an off leash dog park near by and maybe a larger variety of resturants."
    6
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  • Lulugrmi
    "There are plenty of parks and sidewalks. I always see people walking their dogs one the morning and early evening."
    1
    Flag
  • Lulugrmi
    "Up and coming neighborhood. Prices are great if you’re looking to buy. Tons of development - but it’s a mixed income area so you get everything that comes with that territory."
    1
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  • Centmich75
    "It's an up and coming neighborhood. Great restaurants, bars, and brew pubs; all walkable. Lots of older repurposed buildings."
    3
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  • lapingarden
    "I am a professional and live just a few blocks from this address and walk to work every day! Surprisingly quiet neighborhood and safe! "
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  • lapingarden
    "I live in this Neighborhood and have noticed a lot of single young families and young professionals buying here because the prices are low! Also it is so close to down town, about ten city blocks!!! Lots of Artist seem to be buying in the area as well! Tons of potential new business along the Butterwort and Fulton street corridors! New business have been popping up a lot along both streets! That only means speculators are looking at the potential midd class residential incline ! Great parks near by about 4 blocks away John Ball Zoo and the largest city park Millennium Park! Lots of great restaurants near by downtown and night life! Museums and other cultural activities year round! Its a safe and quiet neighborhood except for the Church bells that chime every now and then! A lot of these house are less expensive than a new car! They are turn key but I have to admit I totally renovated my house down to the studs and rebuild it to my taste! Still way less than any home out in the suburbs or in a new build high-rise! If you work downtown, this is an excellent & affordable place to live! "
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LGBTQ Local Legal Protections

Michael R Gantos, Gantos Group LLC
Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
824 Lake Michigan Dr NW, Grand Rapids, MI 49504 is a studio multi-family built in 1923. 824 Lake Michigan Dr NW is located in Southwest, Grand Rapids. This property is currently available for sale and was listed by MichRIC on Jan 5, 2023. The MLS # for this home is MLS# 23000455.