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21 E Maple Street NE, Cedar Springs City, MI 49319

Kent County

Key Facts

2Baths
1,332Sq Ft
1950Year Built
0.03Lot (acres)

Description

Mixed-Use Investment Opportunity - Downtown Cedar SpringsGreat opportunity to own a 3-unit building in the heart of downtown Cedar Springs. The property includes one upstairs 1-bedroom city-certified apartment (currently vacant) and two commercial spaces, both leased with 3-year terms.Recent updates include: New metal roof (2020) New siding (2019) New air conditioner (2017) Tankless water heater (2018) Updated electrical in rear commercial space (2007) Three zoned heating and cooling areasLocated within walking distance to the White Pine Trail, library, restaurants, and downtown events, including Red Flannel Festival. Enjoy summer evenings listening to music from the nearby amphitheater.Building currently has one gas service, one furnace, and one air conditioner. No designated parking.A great opportunity to invest in a growing downtown district.

Property Information

Property Type

Commercial Sale

Sub-Type

Business

Year Built

1950

Living Area

1,332 sq ft

Lot Size

0.03 acres

Lot Dimensions

25 x 51

Ownership

LLC

Days on Market

4

MLS® Listing#

65026019041

Property Features

Cooling

Wall Unit(s)

Heating

Forced AirNatural Gas

Construction

BlockFrameVinyl SidingWood Siding

Foundation

None

Roof

CompositionMetal

Utilities

Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailablePhone Connected

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$2,500

Tax year 2025

Assessed Value

$32,382

Parcel Number

410330304005

Directions

131 to Cedar Springs Exit. East to Main St. North to Maple St. East to Blue and Red Building on north side of the street.

Affordability Calculator

$39,800

Estimated monthly payment

$1,059/mo

Principal $159,200 · Est. interest $222,098 over 30 yrs

Location

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Listing Courtesy: Eggerding Inc., Arthur K. - 6164537655

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