Office Condo for Sale

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30777436
Property Subtypes: High-Tech, Office Building, General
Building Size (RSF): 15,000 SF
Gross Building Area: 28,245 SF
Gross Land Area: 0.14 Acres
Sale Price: $2,850,000
Unit Price: $190 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Floors 2 - 5 available for sale. Or a combination of floors available for sale.
Located in downtown Grand Rapids, in a vibrant area that has experienced significant growth and investment, is 61 Commerce. Surrounded by Class A office users and best in class restaurants and entertainment venues, are just some of the highlights this property has to offer. 5 floors of unique office space that underwent major renovations in 2008/2009.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Central Business District
Tax ID/APN: 41-14-25-435-014
Zoning: CBD
Area Description: DIRECTIONS: West side of Commerce two blocks south of Fulton
Number of Stories: 5
Roof Type: Flat
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,001 153,691 288,877
Median Age: 28.23 30.75 33.6
Households: 8,482 57,208 110,829
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