550 Richmond St NW - Manufacturing FOR SALE


Grand Rapids, MI 49504- West Grand
$2,000,000 USD
312-208-1561
550 Richmond St NW, Grand Rapids, MI for Sale
$2,000,000 USD
Manufacturing - FOR SALE
1/2
null | Request Cap Rate

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550 Richmond St NW
Grand Rapids, MI 49504
West Grand


HIGHLIGHTS

  • Rarely Available Outside Storage
  • Immediate Access to US-131
  • Less than 10 minutes to Downtown Grand Rapids (2.4 miles)
  • Frontage on Major City Street

OVERVIEW

This rarely available industrial infill site offers immediate expressway access and excellent proximity to downtown Grand Rapids. Situated on 3.53 acres, the property includes three buildings, totaling 21,000 square feet, that accommodate a wide range of industrial uses. Ideal for landscaping, construction, construction supply, and trucking operations, each building features 12’ x 14’ drive-in doors for efficient access. The site also presents a strong user/investor opportunity, as the outbuildings have historically generated rental income. The buildings are equipped with robust electrical service, including 400 amp/480v, 220v, and 120v power, supporting various operational needs.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

4

DRIVE INS

4

PARKING SPACES

10

LAND DETAILS

LAND ACRES

3.53

LAND SF

153,767

ZONING

TN-TCC

APN/PARCEL ID

41-13-13-326-002,41-13-13-326-003,41-13-13-326-047

ASK ABOUT THIS PROPERTY

Frank MelchertCommerce CREMore Info
312-208-1561

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Frank MelchertCommerce CREMore Info
312-208-1561

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