Photos and Property Details for 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 (MLS# 24041297).
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$230,000
Grand Rapids, MI 49507
MLS# 24041297
595 sqft
1 / 6
Property Description
Prime Location for Sale - High-Traffic Area & Valuable Land! Are you a savvy business owner looking for a strategic location to establish your presence? Look no further! This property offers a unique opportunity to capitalize on a high-traffic area, perfect for a small business that thrives on quick visits and convenient access. While the building itself may be modest, the true value lies in the land and its prime location. The possibilities for redevelopment or expansion are endless. This property comes with two additional parcels 41-14-31-301-013 and 41-14-31-301-018 buyer/agent to verify any and all information. Land Addressed as: 30 Martin Luther King Jr SE, Grand Rapids, MI 49507 807 Sheldon Ave SE, Grand Rapids, MI 49507
Details
Maps
Location & Property Info
Cross Streets: Sheldon Ave SE
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: 386.55
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: Combine of 3 parcels
Road Frontage: 0
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 595
Total SqFt: 595
Property Use Type: Business
School District: Grand Rapids
Lot Measurement: Acres
Lot Acres: 0.25
Lot Square Footage: 10890
Year Built: 1967
Full Baths: 1
Tax Info
Taxable Value: 14325
SEV: 31500
For Tax Year: 2023
Seller's Annual Property Tax: 0
Tax Year: 2023
Homestead %: 0
Spec Assessment & Type: na
Zoning: na
Tax ID #: 41-14-31-301-014
Remarks & Misc
Public Remarks: Prime Location for Sale - High-Traffic Area & Valuable Land!
Are you a savvy business owner looking for a strategic location to establish your presence? Look no further! This property offers a unique opportunity to capitalize on a high-traffic area, perfect for a small business that thrives on quick visits and convenient access.
While the building itself may be modest, the true value lies in the land and its prime location. The possibilities for redevelopment or expansion are endless.
This property comes with two additional parcels 41-14-31-301-013 and 41-14-31-301-018 buyer/agent to verify any and all information.
Land Addressed as:
30 Martin Luther King Jr SE, Grand Rapids, MI 49507
807 Sheldon Ave SE, Grand Rapids, MI 49507
Legal: LOT 493* DORAN S ASSESSOR S PLAT NO 15* OF LOTS 2, 3, 4, 5 & 6 OF A CAMPAU S SUBDIVISION OF THE W 1/2 OF THE SW 1/4 SEC
Street Type
Public: 1
Property Use
Business: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Retail: 1
Construction Type
Frame/Wood: 1
Other: 1
Exterior Material
Wood Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Business Includes
Non-Applicable: 1
Driveway
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Kent
Street #: 40
Street Name: Martin Luther King Jr
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49507
Zip (4): 1145
OfficeContract Info
Status: Active
Current Price: $230,000
List Price: $230,000
Listing Date: 2024-08-08
Remarks Misc
Directions: Accessible from HWY 131 exit 83B, go East on Martin Luther King Jr SE
Property Features
Property Use: Business
Uses: Retail
Business Includes: Non-Applicable
Construction Type: Frame/Wood; Other
Exterior Material: Wood Siding
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Office: 1st Advantage Realty
Listing Agent: Rene Guzman
Last Updated: December - 30 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.