22 Crescent St - Apartments FOR SALE


Grand Rapids, MI 49503- Hillside
$1,500,000 USD
616-202-6551
22 Crescent St, Grand Rapids, MI for Sale
$1,500,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

22 Crescent St
Grand Rapids, MI 49503
Hillside


OVERVIEW

Redevelopment or Investment Opportunity in Downtown Grand Rapids Prime mixed-use building with the opportunity for redevelopment in a highly sought-after downtown location. This four-story property includes five fully equipped residential units and a flexible main-floor office space with kitchen, full bath, washer/dryer and 4 parking spaces. Located near hospitals, research facilities, and the medical mile, this property's position supports both residential and commercial growth strategies. Reach out for additional details and to schedule a private showing.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22 Crescent St. NE

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

TN-City Center

APN/PARCEL ID

41-14-30-106-001

ASK ABOUT THIS PROPERTY

Tiffany SzakalThe Local ElementMore Info
616-202-6551

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

Tiffany SzakalThe Local ElementMore Info
616-202-6551

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