For Sale
40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507
$230,000
MLS # 24041297 (Michigan Regional Information Center (MichRIC))
1 bath595 sqftBuilt 19670.25 acres
1 / 6
Listing 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
Source: SparkMLS
About this home
Located in Grand Rapids in Grand Rapids, this property offers 1-bath, 595 sq ft, with original construction dating to 1967.
Currently offered at $230,000 (about $387/sq ft).
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 1,200 Mbps across 10 providers.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeRetail
Bathrooms1
Living Area595 sqft
Lot Size0.25 acres
Year Built1967
Stories595
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49507
CountyKent
School DistrictGrand Rapids
Construction & Systems
ConstructionWood Siding
HeatingForced Air
UtilitiesNatural Gas Connected, Electricity Connected
Sale & Financing
Listed8/7/2024
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2023
Assessed Value$14,325
Parcel #41-14-31-301-014
Source: SparkMLS
Legal Description
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
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Rene Guzman
1st Advantage Realty
Frequently Asked Questions about 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507
Which school district serves 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507?
Per MLS# 24041297, 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
What financing options are available for 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507?
Per MLS# 24041297, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507. The maximum advertised download speed is 1.2 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,492
Principal & interest$1,492
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteDSLSatelliteFixed Wireless
10 providers at this address
XfinityCable
1.2 GbpsAT&TFiber
1 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsAT&TDSL
100 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TLicensed Fixed Wireless
25 MbpsMichwave Technologies IncFixed Wireless
25 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
40 Martin Luther King Jr Street SE, Grand Rapids, MI 49507
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Municipality
Grand Rapids
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