Spacious former grocery store in fabulous location!

375 Woodward Ave. Kingsford, MI 49802

375 Woodward Ave., Kingsford, MI, 49802
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FOR SALE
Property Type:
Free Standing Building
Amount:
$119,900
Cap Rate:
0.00%
Last Verified:
Oct 07, 2024

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Check out this amazing 12,000 square foot commercial building in a prime location on Woodward Avenue, with heavy traffic counts and excellent visibility. The 6,000 sq ft main floor features large retail space with display windows in the front and office/bathrooms/storage in the back, and there's a full 6,000 sq ft basement. There's ample street parking in addition to the large adjacent asphalt parking lot. There are so many possibilities for this property that has been a community staple for over 60 years!

Map of 375 Woodward Ave., Kingsford, MI, 49802

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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.