5171 Plainfield Ave NE - Medical FOR SALE


Grand Rapids, MI 49525- North Grand Rapids
$875,000 USD
616-293-7035
5171 Plainfield Ave NE, Grand Rapids, MI for Sale
$875,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

NEW


5171 Plainfield Ave NE
Grand Rapids, MI 49525
North Grand Rapids


HIGHLIGHTS

  • Two-tenant building offering both occupancy and income potential.
  • Suite 200 leased to a long-standing occupant, providing stability.
  • Suite 100 offers highly flexible design for private offices and open-plan use.
  • Prominent visibility on a high-traffic corridor with pylon signage.
  • On-site parking supports daily ease for clients and employees alike.

OVERVIEW

This two-tenant office property presents a compelling investment or owner-user opportunity in a highly visible location along busy Plainfield Avenue. Spanning over 6,000 square feet, the building is currently configured with flexibility to accommodate long-term tenancies as well as owner-occupancy. Suite 200 is leased to an established occupier and features two private offices, multiple open workspaces, a large conference area, and a kitchenette. Suite 100, previously occupied by the owner, offers an adaptable layout with up to nine private offices, spacious open areas, a dedicated conference space, kitchenette-ready zone, and ample storage. The asset benefits from excellent on-site parking and prominent pylon signage for maximum exposure to consistent traffic. Ideal for professionals seeking a stable income stream with room for business operations or an investor aiming to capitalize on strong local demand for office space, this property combines immediate functionality with enduring appeal.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

Commercial

APN/PARCEL ID

41-10-27-226-020

ASK ABOUT THIS PROPERTY

Andy RichterRichter CompanyMore Info
616-293-7035

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Andy RichterRichter CompanyMore Info
616-293-7035

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