150 Ann St NW - Bank FOR SALE


Grand Rapids, MI 49505- Creston
$6,100,000 USD
269-420-1286
150 Ann St NW, Grand Rapids, MI for Sale
$6,100,000 USD
Bank - FOR SALE
1/28
null | 7% Cap Rate

150 Ann St NW
Grand Rapids, MI 49505
Creston


HIGHLIGHTS

  • Newly Renovated HQ: 15,800 SF corporate headquarters fully renovated in March 2026.
  • Prime Location: Monroe North / Medical Mile with easy highway, airport, and Downtown trail access.

OVERVIEW

Sale Leaseback opportunity of the newly redeveloped 15,800 SF corporate headquarters of MiEN Company® at 150 Ann St NW, Grand Rapids, MI. At closing, the seller will execute a new 10-year Absolute NNN lease with 2.0% annual rent escalations, providing stable cash flow with zero landlord responsibilities. Originally built in 1974 and fully renovated in March 2026, the property reflects significant tenant capital investment and serves as MiEN’s primary operating location, supporting leadership, product development, and customer operations. Strategically located within the Monroe North / Medical Mile corridor just northwest of Downtown Grand Rapids, the property offers immediate access to US-131, is under 15 miles from Gerald R. Ford International Airport and is adjacent to the funded River Edges Trail extension connecting directly to Downtown and regional trail systems.

FOR SALE DETAILS

PRICE

$6,100,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

TN-TCC

APN/PARCEL ID

41-13-13-276-001

ASK ABOUT THIS PROPERTY

Eddie BardJET IndustrialMore Info
269-420-1286

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Eddie BardJET IndustrialMore Info
269-420-1286

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