1111 Wallen Ave SW - Warehouse FOR SALE


Grand Rapids, MI 49507- Madison Area
$9,750,000 USD
616-776-0100
1111 Wallen Ave SW, Grand Rapids, MI for Sale
$9,750,000 USD
Warehouse - FOR SALE
1/19
null | Request Cap Rate

1111 Wallen Ave SW
Grand Rapids, MI 49507
Madison Area


HIGHLIGHTS

  • Heavy power
  • Excellent access; adjacent to US-131
  • 36' eave height
  • Located in the historic Union Station
  • 3,360 SF of nicely appointed offices
  • Excellent condition

OVERVIEW

The property at 1111 Wallen Ave SW and 320 Canton Street in Grand Rapids, Michigan houses an industrial facility, the type of which has been in short supply in the west Michigan marketplace. This location can serve multiple operational roles such as light assembly, shipping and distribution, customer service, packaging and warehousing. At present, the facility has been used primarily for warehousing purposes, however could also be converted to light assembly or manufacturing. The property features an 800 amp, 480-volt, 3-phase power system, 36' eave height, and 10 loading docks to compliment its operational opportunities. The 3,360 sf offices are well appointed and designed to service a variety of uses. This includes an employee breakroom and restroom area which will translate well to future user requirements.

FOR SALE DETAILS

PRICE

$9,750,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Union Station

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

36 Ft

DOCKS

10

DRIVE INS

1

PARKING SPACES

45

LAND DETAILS

LAND ACRES

3.67

LAND SF

159,865

ZONING

SD-IT

APN/PARCEL ID

41-13-36-451-008,41-13-36453007

ASK ABOUT THIS PROPERTY

Stuart KingmaNAI Wisinski of West MichiganMore Info
616-776-0100

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Stuart KingmaNAI Wisinski of West MichiganMore Info
616-776-0100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.