901 Ottawa Ave. NW

Vacant Land for Sale
Catylist Listing ID: 30581983
Property Subtypes: Hospitality, Multi-Family, Office
Gross Land Area: 0.93 Acres
Sale Price: $3,950,000
Unit Price: $4,247,311 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

This property is located in the heart of the North Monroe Business District, directly next to Boardwalk Condos and the future expansion of Spectrum Health and both newly developed Embassy Suites and 601 Bond Apartments. This site is surrounded by many retailers, such as bars, restaurants, salons, athletic clubs, delis, coffee shops, and more. With approximately .93 acres of land, this property would be a prime location for many development opportunities such as hotels, residential condos/apartments/town homes, medical facilities, and more!

Close proximity to highway US-131
Next to the Grand River
Walking distance to many restaurants and retail stores
Easy accessibility to and from the property

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northeast Business District
Tax ID/APN: 41-13-24-277-010
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,684 132,533 267,930
Median Age: 27.73 32.27 33.39
Households: 8,089 51,637 103,128

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