312 Ellsworth Ave SW - Office FOR SALE


Grand Rapids, MI 49503- Downtown Grand Rapids
$4,700,000 USD
616-481-8255
312 Ellsworth Ave SW, Grand Rapids, MI for Sale
$4,700,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

312 Ellsworth Ave SW
Grand Rapids, MI 49503
Downtown Grand Rapids


HIGHLIGHTS

  • 400 yards from Acrisure amphitheater
  • Rapidly growing area
  • Strong foot traffic

OVERVIEW

Located in a highly desirable and rapidly developing area, this versatile property offers the potential for a hotel, parking structure or an apartment complex. Just 400 yards from the brand-new amphitheater, it benefits from strong foot traffic and growing demand driven by entertainment and tourism. Situated in the heart of Grand Rapids, one of the fastest-growing cities in the region, this site presents a prime investment opportunity with excellent proximity to downtown amenities, making it ideal for developers seeking long term value and growth.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$562 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

201 Commercial Improved

APN/PARCEL ID

41-13-25-462-004

ASK ABOUT THIS PROPERTY

Robert TolTol Companies, IncMore Info
616-481-8255

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Robert TolTol Companies, IncMore Info
616-481-8255

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