Downtown GR Bank/Retail/Office Condo For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30585980
Property Subtypes: Convenience Store, Mixed Use, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Condo? Yes
Building Size (RSF): 16,933 SF
Gross Building Area: 90,665 SF
Gross Land Area: 0.19 Acres
Sale Price: $3,500,000
Property Use Type: Vacant/Owner-User
Building Name: Cityview Building (People's Building)
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

One-Of-A-Kind Historic Bank/Retail/Office Condo Available in the Beautiful, Unique, 12-story, Mixed-use, People’s building featuring Original, ornate marble, granite, and brick architecture inside and out on the Magnificent Monroe Center.

Located in the heart of the Grand Rapids’ Designated Retail District in the Central Business District of Downtown Grand Rapids. The Building includes 25 high-end residential condos, commercial office tenants located on the 2nd, 3rd, 4th and 5th floors, and featuring the subject property currently known as First Community Bank Condo on main floor entrance.

Amenities include Exclusive–Building Signage and Naming Rights facing Monroe Center and Ionia, Private Front Door entrance, Sidewalk street melt system, Professionally landscaped planters, Rooftop deck for building tenants, Dramatic Two-story windows with granite sills with incredible exposure on Monroe Center in downtown Grand Rapids. Front Door metered parking and many nearby parking garages available for visitor parking options. Walking distance to all major Downtown Grand Rapids attractions such as DeVos Convention Center, GRAM, VanAndel Arena, among popular hotels, restaurants, breweries and shopping.

Condo is divided into Basement (2,814 SF), Main Floor (6,325 SF), Mezzanine (2,990 SF) and Second Floor (4,804 SF). 9 Parking Spaces (7 Covered) available for transfer to new owner.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Central Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-25-287-012
Is Condo?: Yes
Zoning: TN-CC
Retail Clientele: General, Business, Other
Property Located Between: Located on the NE corner of Monroe Center and Ionia
Property Visibility: Excellent
Largest Nearby Street: Monroe Center
Highway Access: Access to I-96 and US-131
Airports: Kent County International Airport
Area Description: DIRECTIONS: Corner of Monroe Center and Ionia
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 12
Property Condition: Excellent
Parking Type: Other
Passenger Elevators: 2
Zoning Description: City of Grand Rapids Zoning Use Details Available by Request

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,801 148,466 292,436
Median Age: 28.61 30.88 33.59
Households: 8,681 55,537 112,219
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.