Retail Space
958 Fulton Street East Grand Rapids, MI 49503
Details & Description
Price: $1,800,000
    One of the last large mixed use opportunities in the City of Grand Rapids.? Grab your piece of the Uptown Business District and benefit from great nearby neighborhood demographics, high daily traffic counts and neighboring businesses that continually draw.? A value add project awaits with the ability to attract national level commercial tenants.? Multitude of store front options await.? Nearby retailers already include a high end salon, craft cocktail lounge, long standing bakery, international cuisine, boutique retailers and more.? Make the crown jewel of Fulton Heights yours today.?
    Property Highlights
    Listing Agents
    Jason Carpenter

    O: 616-334-2630
    M: 616-334-2630
    jcarpenter@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    958 Fulton Street East

    Grand Rapids, MI 49503

    Listing ID: 266149
    • 958 Fulton Street East Grand Rapids, MI 49503 | for Sale | Photo 1
    • 958 Fulton Street East Grand Rapids, MI 49503 | for Sale | Photo 2
    958 Fulton Street East | for Sale | Thumbnail 1
    958 Fulton Street East | for Sale | Thumbnail 2
    Building Size: 13,168 SF
    Lot Size: 0.321 AC
    Land Size: 14,000 SF
    Building $/SF: $136.70
    Land $/SF: $128.57
    Price
    $1,800,000
    Property Highlights
    Pro Forma Cap rate of 7.6 based on $2.0M acquisition price.
    Off Street parking on second lot
    Value Add project with plenty of options
    9 residential units easy to lease
    Description

    One of the last large mixed use opportunities in the City of Grand Rapids.? Grab your piece of the Uptown Business District and benefit from great nearby neighborhood demographics, high daily traffic counts and neighboring businesses that continually draw.? A value add project awaits with the ability to attract national level commercial tenants.? Multitude of store front options await.? Nearby retailers already include a high end salon, craft cocktail lounge, long standing bakery, international cuisine, boutique retailers and more.? Make the crown jewel of Fulton Heights yours today.?

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Grand Rapids History of Retail Space for Sale

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    Grand Rapids Area Market Trends

    Listing Demographics for 958 Fulton Street East Grand Rapids, MI 49503

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population23,912141,844264,384
    Population Median Age333436
    Population by Age0-9 Yrs1751 (7%)19375 (13%)34958 (13%)
    10-19 Yrs2742 (11%)18325 (12%)34491 (13%)
    20-29 Yrs7935 (33%)32045 (22%)51664 (19%)
    30-39 Yrs4354 (18%)22083 (15%)39084 (14%)
    40-49 Yrs2086 (8%)15149 (10%)28634 (10%)
    50-59 Yrs2370 (9%)15114 (10%)29984 (11%)
    60-69 Yrs1749 (7%)10958 (7%)23759 (8%)
    70+ Yrs926 (3%)8796 (6%)21810 (8%)
    Median HH Income$53,569$50,423$54,114
    Total Household Income< 24K2273 (22%)13200 (24%)22204 (22%)
    25-49K2434 (24%)13177 (24%)24256 (24%)
    50-74K1951 (19%)9607 (18%)18813 (18%)
    75-99K1170 (11%)6078 (11%)12652 (12%)
    100-199K1690 (16%)8289 (15%)16623 (16%)
    200K+477 (4%)2745 (5%)4829 (4%)
    Highest Education LevelNo Diploma11811234021535
    Diploma or GED23401791537909
    Some College28341701834093
    Assoc. Degree1226649513223
    Bachelors Degree56762299341820
    Higher Degree26801234922015
    Total Housing Units11,03558,078106,726
    --Owner-Occupied4,33328,53959,779
    --Renter-Occupied5,66324,55739,598
    Owner-Occupied Values< 100K750746913491
    100-199K20361228728962
    200-299K97142329065
    300-399K34119423823
    400-499K739481870
    500K+16116602569
    Total Working Age Population20,790111,438209,211
    In Work Force15,94279,182144,207
    Not In Work Force4,84832,25665,004
    Workforce Employed14,94274,060136,092
    Workforce Unemployed9985,1018,001
    Civlian Workforce15,94079,160144,093
    Military Workforce222114
    Total Households9,99653,09699,377
    Family Households3,97629,40658,206
    Non-Family Households6,02023,69041,171
    Married Couple2,78118,65639,740
    Other Family1,19510,75018,466
    Married w/Child1,0228,00716,724
    Single Male w/Child1161,6232,771
    Single Female w/Child5544,8027,652

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Kent County574,335+5602,622+11668,535+12746,921

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 958 Fulton Street East in Grand Rapids?
    The asking price for 958 Fulton Street East is $1,800,000
    What is the building size of this Retail property in Grand Rapids, MI?
    The size of the building/unit at 958 Fulton Street East in Grand Rapids is 13,168 square feet
    How much land does the Grand Rapids, MI property at 958 Fulton Street East include?
    958 Fulton Street East in Grand Rapids includes 0.321 acres of land
    What kind of Retail is the propery at 958 Fulton Street East?
    The property at 958 Fulton Street East Grand Rapids, MI 49503 is listed as a Other Retail Retail property
    What is the population within 1 mile of 958 Fulton Street East in Grand Rapids?
    The population within 1 mile of 958 Fulton Street East Grand Rapids, MI 49503 is 23,912 people.
    Who do I contact for questions about 958 Fulton Street East?
    You should contact the listing agent, Jason Carpenter, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    MBS International Airport (MBS) 88
    South Bend Regional Airport (SBN) 93
    General Mitchell International Airport (MKE) 114
    Price
    $1,800,000
    Listing Agent
    More listings from Jason Carpenter
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