Catylist Listing ID: 30634683
Property Subtypes: Executive Suites, Mixed Use, Office Building
Building Size (RSF): 28,245 SF
Gross Land Area: 0.11 Acres
Sale Price: $4,500,000
Unit Price: $159.32 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

This beautiful 5-story brick building is conveniently located in the heart of the CBD just steps from the VanAndel Arena, Studio Park, and multiple restaurants. The entire building was renovated in 2007 featuring exposed brick walls, sand blasted wood beams, open ceilings, an elevator, 2 stair wells, and large windows which allow for ample natural light on each floor. This building sets up well for office users or could easily be converted to a boutique hotel, event venue, etc.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Central Business District
Submarket Type: Central Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-25-435-014
Zoning: NA
Property Located Between: Ionia & Division
Property Visibility: Excellent
Highway Access: US-131
Airports: Gerald R. Ford International Airport
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 5,000 SF
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Brick
Passenger Elevators: 1

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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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