1809 Plainfield Avenue NE, Grand Rapids, MI 49503 (MLS# 26046990)

1809 Plainfield Avenue NE, Grand Rapids, MI 49503

New Listing

$700,000

Property Type: Commercial Sale Square Footage: 5,000 Lot Size (sq. ft.): 4,443 Status: Active

Current Price: $700,000 List Date: 9/03/2026 Last Modified: 9/03/2026

Overview

Description

Excellent opportunity to acquire a fully occupied, five-suite commercial investment property along the highly visible Plainfield Avenue corridor in Grand Rapids' desirable Creston neighborhood. The building offers approximately 5,000 square feet of total rentable space including recently renovated basement offices, providing multiple income streams, and reduced exposure to any single tenant. The tenant mix includes a restaurant space equipped with a commercial hood, fire-suppression system, grease trap, kitchen, , along with four additional commercial suites. The entire building is currently leased and offers investors a strong capitalization rate with immediate income from a diversified tenant base. Located near established restaurants, retailers, residential neighborhoods and public transportation, this is a compelling opportunity to acquire a stabilized commercial asset with long-term upside in one of Grand Rapids' active neighborhood business corridors.

Listing Details MLS# 26046990

Location Property Info

County: Kent
Street #: 1809
Street Name: Plainfield
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
Zip (4): 4706

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.1
Lot Square Footage: 4443
Lot Dimensions: irregular
Year Built: 1910
Road Frontage: 72
Year Remodeled: 2022
Total # Units: 5
# Fin Bldg Lvls: 5000
Total # Bldgs: Yes
Total SqFt: 5000
Full Baths: 4
Waterfront: No
School District: Grand Rapids

Tax Info

Tax ID #: 41-14-18-205-004
Taxable Value: 168400
SEV: 168400
For Tax Year: 2025
Seller's Annual Property Tax: 8734.38
Tax Year: 2026
Spec Assessment & Type: NA
Zoning: Commercial
Homestead %: 0

Location & Property Info

Cross Streets: Ann and Plainfield
Property Sub-Type: Retail
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 140
Prop Avail for Lease?: No

More Information

Remarks & Misc

Public Remarks: Excellent opportunity to acquire a fully occupied, five-suite commercial investment property along the highly visible Plainfield Avenue corridor in Grand Rapids' desirable Creston neighborhood. The building offers approximately 5,000 square feet of total rentable space including recently renovated basement offices, providing multiple income streams, and reduced exposure to any single tenant. The tenant mix includes a restaurant space equipped with a commercial hood, fire-suppression system, grease trap, kitchen, , along with four additional commercial suites. The entire building is currently leased and offers investors a strong capitalization rate with immediate income from a diversified tenant base. Located near established restaurants, retailers, residential neighborhoods and public transportation, this is a compelling opportunity to acquire a stabilized commercial asset with long-term upside in one of Grand Rapids' active neighborhood business corridors.
Legal: LOT 174 EXC COM ON E LINE OF OAKWOOD AVE 161.69 FT N OF N LINE OF ANN ST TH N 38.45 FT ALONG SD AVE LINE TH SE LY 147.86

Property Use

Investment: Yes
Net Leased (nnn): Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Professional Service: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes

Construction Type

Block: Yes
Concrete: Yes
Frame/Wood: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Real Estate: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Property Use: Investment; Net Leased (nnn) Uses: Professional Service; Professional/Office; Restaurant; Retail Business Includes: Real Estate Construction Type: Block; Concrete; Frame/Wood Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Close Of Escrow

Listing Office: Kilner Group Realty

Listing Agent: John McMahon

Last Updated: September - 03 - 2026

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