1675 Michigan Street NE, Grand Rapids, MI 49503 (MLS# 25011785)
1675 Michigan Street NE, Grand Rapids, MI 49503
$1,900,000
Property Type:
Commercial Sale
Square Footage:
16,398
Lot Size (sq. ft.):
44,997
Status:
Active
Current Price:
$1,900,000
List Date:
3/26/2025
Last Modified:
3/26/2025
Description
Multi-unit building for sale. Five (5) tenants including current owner. Sale comes with all rental income. Join Dematic and Corewell Health in this well-established business corridor. Convenient access to I-196 and downtown Grand Rapids. Additional office unit currently available for lease. Owner is willing to sell his electrical business along with the building (listed separately). The building has an upgraded electrical system and ample parking. Leases are available with signed Confidentiality Agreement.
More Information MLS# 25011785
Location Property Info
County: Kent
Street #: 1675
Street Name: Michigan
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49503
Area: Grand Rapids - G
OfficeContract Info
Status: Active
Current Price: $1,900,000
List Price: $1,900,000
Listing Date: 2025-03-25
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.03
Lot Square Footage: 44997
Lot Dimensions: 150 x 295
Year Built: 1955
Road Frontage: 150
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 16398
Total Net SqFt: 16398
Property Use Type: Investment
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 411421351004
Taxable Value: 493467
SEV: 735800
For Tax Year: 2024
Annual Property Tax: 25591
Tax Year: 2024
Spec Assessment & Type: none known
Zoning: SD-NOS
Remarks Misc
Directions: Michigan St between Ball & Plymouth
Additional Details
Ceiling Height: 10
Property Features
Property Use: Investment; Vacant/Owner-User
SqFt Information: Security System
Uses: Professional Service; Professional/Office
Business Includes: Non-Applicable
Construction Type: Block
Exterior Material: Block; Concrete
Roofing: Rubber
Below Grade: None
Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Trash
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Broadband; Cable Available; Electricity Available; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Outdoor Furnace
Air Conditioning: Central Air
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Send to Econ Dev Org: MEDC
Listing Office: Signature Associates Kalamazoo
Listing Agent: Peter Cachey
Last Updated: March - 26 - 2025
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