Redevelopment Opportunity on Plainfield Avenue - NW Corner of Plainfiled and 4 Mile

3601 Plainfield Ave NE. Grand Rapids, MI 49525

3601 Plainfield Ave NE., Grand Rapids, MI, 49525
3601 Plainfield Ave NE., Grand Rapids, MI, 49525 3601 Plainfield Ave NE., Grand Rapids, MI, 49525 3601 Plainfield Ave NE., Grand Rapids, MI, 49525
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jun 27, 2025

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SALE PRICE: $1,050,000 Prime Commercial Development Opportunity at Lighted Corner Site 3601 Plainfield Avenue NE is a 1.38-acre commercial site strategically located along a densely populated retail corridor at the NW corner of Plainfield Avenue and 4 Mile Road in NE Grand Rapids. Situated directly across from the North Town Shopping Center, the property benefits from excellent visibility and high traffic volumes, with 49,000 vehicles passing daily along Plainfield Avenue and an additional 53,000 vehicles along nearby I-96. The area is also home to Meijer and scores of popular retailers and restaurants. The site is presently occupied by West Michigan Band Instruments, who will relocate from a 4,651 SF facility on-site. While the building is currently in use, the property’s highest and best use is for redevelopment. Zoned C-1, this site offers exciting potential for a variety of commercial ventures in a thriving, high-traffic area.

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Map of 3601 Plainfield Ave NE., Grand Rapids, MI, 49525

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.