2007 Eastern Ave SE - Office FOR SALE


Grand Rapids, MI 49507- Alger Heights
$414,700 USD
616-204-9792
2007 Eastern Ave SE, Grand Rapids, MI for Sale
$414,700 USD
Office - FOR SALE
1/50
null | Request Cap Rate

2007 Eastern Ave SE
Grand Rapids, MI 49507
Alger Heights


HIGHLIGHTS

  • Corner location with 15,000 traffic count
  • 10 Private offices · 4 Restrooms · 1 Breakroom · 1 Conference room.
  • Office, professional services, or mixed-use redevelopment (subject to approvals).
  • Close to transportation, schools, and downtown Grand Rapids.
  • Located in a revitalizing corridor with long-term appreciation potential.
  • New roof (2023) and three rooftop HVAC units replaced in 2017, 2022, and 2023.

OVERVIEW

High-Visibility Corner Opportunity First time offered for public sale in over 50 years. As the owner prepares to relocate the business, a rare opportunity is now available to acquire this highly visible corner property at Burton St. and Eastern Ave. Located in a growing Grand Rapids corridor and within a designated Opportunity Zone, this property offers excellent visibility and redevelopment potential. Perfect for office users, investors, or developers looking for income, repositioning, or future development. New roof (2023) and three rooftop HVAC units replaced in 2017, 2022, and 2023. Seller financing available!

FOR SALE DETAILS

PRICE

$414,700 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Commercial

APN/PARCEL ID

41-18-07-227-048

ASK ABOUT THIS PROPERTY

Margaret 'Margo' PericRE/MAX of Grand RapidsMore Info
616-204-9792

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

Margaret 'Margo' PericRE/MAX of Grand RapidsMore Info
616-204-9792

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