3264 N Evergreen Dr NE - Medical FOR SALE


Grand Rapids, MI 49525- North Grand Rapids
$4,500,000 USD
616-988-5814
3264 N Evergreen Dr NE, Grand Rapids, MI for Sale
$4,500,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

3264 N Evergreen Dr NE
Grand Rapids, MI 49525
North Grand Rapids


HIGHLIGHTS

  • Strategically positioned in the East Beltline corridor near Knapp’s Corner, benefiting from high traffic and strong visibility.
  • Features 137 feet of waterfront frontage on North Evergreen Lake, creating a distinctive office environment.
  • Anchored by established medical tenants, including Corewell Health, for built-in income security.
  • Approximately 20,000 SF of leasable space available for immediate occupancy or value-add potential.
  • Quality construction by Advanced Radiology Services and Dan Vos Construction with updated systems.
  • 2.28-acre site offers ample parking and convenient access to I-96, retail centers, and major employers.

OVERVIEW

3264 N Evergreen Drive NE offers a Class A office and medical complex in the thriving East Beltline corridor of Grand Rapids. Spanning over 31,000 square feet and situated on a 2.28-acre waterfront lot with 137 feet of direct frontage on North Evergreen Lake, this well-maintained three-story property combines functionality and sophistication in a premier setting. Constructed in 2003 by Advanced Radiology Services in partnership with Dan Vos Construction, the building features high-grade design and modern mechanical systems. Current income is anchored by long-term medical tenants, including Corewell Health, providing stability while offering significant upside with up to 20,000 square feet available for lease. The property includes multiple flexible suites, striking atrium spaces filled with natural light, a grand boardroom, and secure access. Located less than a mile from Knapp’s Corner and surrounded by retail, dining, and national brands, the site provides immediate connectivity to major employers and Interstate 96. Strong demographics, proximity to lifestyle amenities, and growing healthcare demand in the area further enhance long-term value. Ideal for investors or owner-users seeking an income-producing asset with notable leasing potential.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

O-PUD

APN/PARCEL ID

41-14-02-303-001

ASK ABOUT THIS PROPERTY

Scott MorganColliersMore Info
616-988-5814

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Scott MorganColliersMore Info
616-988-5814

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