401 Hall St SW - Loft/Creative Space FOR SALE


Grand Rapids, MI 49503- Roosevelt Park
$20,000,000 USD
616-242-1113
401 Hall St SW, Grand Rapids, MI for Sale
$20,000,000 USD
Loft/Creative Space - FOR SALE
1/12
null | 8.22% Cap Rate

401 Hall St SW
Grand Rapids, MI 49503
Roosevelt Park


OVERVIEW

Excellent opportunity to own a Historic, Modern, Loft Office building located on US-131 at theHall St exit just minutes from Downtown Grand Rapids. The property is 91% leased with 45 tenants and prides itself in being one oftheGreenest Buildings in Grand Rapids with Solar Energy. The property has 240+ parking spaces, underground parking, Charging Stations, Fiber Internet with Common Area Wifi, 24/7 Video Surveillance Security, Shared Conference room, and Access to Loading Dock and Freight Elevator

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

8.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

5.5 AC

LAND SF

239,580 SF

ZONING

SR-PRD

APN/PARCEL ID

41-13-36-383-043

ASK ABOUT THIS PROPERTY

616-242-1113

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616-242-1113

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