Listed by Dar Commercial
$1,450,000
6273 W River Dr NE
Details
APN 411022127067
Property Type Office
Sub Type Medical Office
Square Footage 4,304
Cap Rate 8.00%
NOI $116,061
Occupancy 100%
Tenancy Single
Price per SqFt $337
Year Built 1987
Stories 1
Acreage 0.617
Zoning PUD
Investment Type Owner/User
Ceiling Height 10'
Office | 8.00% CAP | 4,304 SqFt
Marketing description
6273 West River Drive offers a rare opportunity for an owner-user to acquire a well-maintained medical office building in the highly desirable Belmont corridor just north of Grand Rapids. Currently configured as a veterinary clinic, the property features a functional layout ideal for medical, veterinary, or professional office use, with the potential for easy adaptation to a variety of users. Positioned along West River Drive with convenient access to US-131, the site provides strong visibility, accessibility, and ample on-site parking. With the building becoming available in the near term, this is a unique opportunity to establish a presence in a growing suburban market with limited inventory for owner-occupants.
Listing Contacts
Listed by Dar Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$116,060.88
$9,671.74/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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