3264 N Evergreen Drive NE, Grand Rapids, MI 49525 (MLS# 26010729)

3264 N Evergreen Drive NE, Grand Rapids, MI 49525

New Listing

$4,700,000

Property Type: Commercial Sale Square Footage: 31,761 Lot Size (sq. ft.): 103,673 Status: Active

Current Price: $4,700,000 List Date: 3/19/2026 Last Modified: 3/19/2026

Overview

Description

Unlock a rare investment opportunity in one of Grand Rapids most sought after professional corridors. Located on Evergreen Lake in the thriving NE submarket, this 30000 plus sq ft office and medical complex offers immediate income with upside potential. Anchored by two established long term medical tenants, the property provides built in stability while leaving significant square footage available for lease up and value creation. Purposefully designed to attract and retain high quality tenants, the building features a grand boardroom, three striking atriums with abundant natural light, and flexible office and medical suites that can be customized to maximize rental income across multiple tenant types. The layout and scale create an ideal environment for multi tenant occupancy, professional services, or a strategic reposition. Positioned within one mile of the highly desirable Knapps Corner corridor, the asset benefits from strong surrounding demographics, national retailers, and

Supplements: consistent foot traffic. Immediate access to major employers, retail, dining, and I 96 enhances long term tenant demand and leasing velocity. With a blend of in place cash flow, leasing upside, and a premier location, this is a high potential asset for investors seeking to add value and drive returns in a proven growth corridor. Opportunities like ... (Read more)

Listing Details MLS# 26010729

Location Property Info

County: Kent
Street #: 3264
Street Direction: N
Street Name: Evergreen
Suffix: Drive
Post Direction: NE
State: MI
Zip Code: 49525
Zip (4): 9746

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 2.38
Lot Square Footage: 103673
Lot Dimensions: 332 x 520 x 63 x 548
Year Built: 2003
Road Frontage: 332
Mineral Rights: No
Total # Units: 6
# Fin Bldg Lvls: 3
# of Diff Unit Floor Plans: 6
Total # Bldgs: Yes
Total SqFt: 31761
Property Use Type: Vacant/Owner-User
Full Baths: 6
Waterfront: Yes
Body of Water: Evergreen Lake
School District: Forest Hills
Statewide Lakes & Rivers: Evergreen Lake

Tax Info

Tax ID #: 41-14-02-303-001
Taxable Value: 693713
SEV: 889100
For Tax Year: 2025
Seller's Annual Property Tax: 97000
Tax Year: 2025
Spec Assessment & Type: None
Non-Conforming Use: No
Zoning: 201 Comm
Homestead %: 0

Remarks Misc

Directions: Beltline, N of 3 Mile to N Evergreen, E to property

Additional Details

Total Parking Spaces: 50
Passenger Elevators: Yes
Ceiling Height: 10

More Information

Income and Expenses

Annual Maint ($): 150000
Annual Mgt Fees ($): 20800
Annual Prop Ins ($): 95000
Annual Utilities ($): 51000
Gross Op Income ($): 709667
Net Operating Income: 508631
Total Actual Rent: 1048941
Operating Expense: 339274

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 137

Unit 1

Unit Description: Corewell

Unit 2

Unit Description: Vacant-Walkout

Unit 3

Unit Description: Bears

Unit 4

Unit Description: Vacant-Main Floor

Unit 5

Unit Description: Vacant-2nd Floor

Unit 6

Unit Description: Vacant-2nd Floor

Location & Property Info

Cross Streets: 3 Mile & Beltline
Property Sub-Type: Office
Municipality: Grand Rapids Twp
Subdivision: The Woods of Evergreen Lake
Principal Road: No
Ownership Type: Corporate Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 147.98
Prop Avail for Lease?: No
Current Bldg Use: Office & Medical

Remarks & Misc

Public Remarks: Unlock a rare investment opportunity in one of Grand Rapids most sought after professional corridors. Located on Evergreen Lake in the thriving NE submarket, this 30000 plus sq ft office and medical complex offers immediate income with upside potential. Anchored by two established long term medical tenants, the property provides built in stability while leaving significant square footage available for lease up and value creation. Purposefully designed to attract and retain high quality tenants, the building features a grand boardroom, three striking atriums with abundant natural light, and flexible office and medical suites that can be customized to maximize rental income across multiple tenant types. The layout and scale create an ideal environment for multi tenant occupancy, professional services, or a strategic reposition. Positioned within one mile of the highly desirable Knapps Corner corridor, the asset benefits from strong surrounding demographics, national retailers, and
Legal: UNIT 1,2, & 3 * 3264 NORTH EVERGREEN CONDOMINIUM

Water Type

Lake: Yes

Water Fea. Amenities

No Wake: Yes
Private Frontage: Yes

Street Type

Paved: Yes

SqFt Information

Carbon Monoxide Detector(s): Yes
Fire Alarm: Yes
Fire Sprinkler System: Yes
Security System: Yes
Smoke Detector(s): Yes

Property Use

Business: Yes
Investment: Yes
Vacant/Owner-User: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Professional Service: Yes
Professional/Office: Yes

Construction Type

Block: Yes
Concrete: Yes
Frame/Wood: Yes
Steel: Yes

Exterior Material

Brick: Yes
Stucco: Yes

Roofing

Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

Corporation: Yes

Below Grade

Walk-Out Access: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Docs at List Office

Aerial Photo: Yes
Other: Yes

Business Includes

Furniture: Yes
Real Estate: Yes

Additional Features

Bath Common Area: Yes
Fire Sprinkler: Yes

Foundation

Slab: Yes

Util Avail at St

None: Yes

Tenant Pays All

Common Area Maintena: Yes

Driveway

Asphalt: Yes
Paved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Property Use: Business; Investment; Vacant/Owner-User SqFt Information: Carbon Monoxide Detector(s); Fire Alarm; Fire Sprinkler System; Security System; Smoke Detector(s) Water Type: Lake Uses: Professional Service; Professional/Office Ownership: Corporation Business Includes: Furniture; Real Estate Construction Type: Block; Concrete; Frame/Wood; Steel Exterior Material: Brick; Stucco Roofing: Rubber Foundation: Slab Below Grade: Walk-Out Access Additional Features: Bath Common Area; Fire Sprinkler Tenant Pays All: Common Area Maintena Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Paved Street Type: Paved Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Other Sale Conditions: None Possession: Close Of Escrow; Subject To Tenant Rights

Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Listing Agent: Timothy J Anders

Last Updated: March - 19 - 2026

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