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    1590 Madison Ave SE Grand Rapids, MI 49507

    Sponsored
    Picture of Industrial properties at Madison Ave SE 1590, Grand Rapids, MI
    For Sale
    Pending
    $850,000

    COMMERCIAL - Grand Rapids, MI

    Property size:
    21,725 SF
    Lot size:
    0.94 Acres
    Days on Market:
    56
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 1590 Madison Ave SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    411806258004
    Size
    21,725 SF
    Lot size
    0.94 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1939
    Floors in Building
    1
    Number of units
    1
    Building materials
    Concrete
    Roof type
    Rubber

    Signature Associates Kalamazoo (269) 385-2000

    Listing agent Peter K. Cachey (616) 259-6386

    Listing date Nov 11, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rapids Industrial Building

    This 21,750 square foot industrial building is situated on 0.94 acres. The property is currently zoned TBA-SD-IT and features three grade-level doors, each measuring between 14 and 16 feet. It also includes four crane ways: two with a 7.5-ton capacity, one with a 2-ton capacity, and one with a 15-ton capacity. The warehouse area offers a clear height ranging from 12 to 26 feet and includes additional office space. The property benefits from municipal water and sewer services. Updated LED lighting has been installed throughout the building. A large, fenced backyard is also included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Taylor Supply Company Steel Distributor Larsen Leathers, LLC Leather Goods Manufacturer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.657855
    Latitude
    42.934999

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    FAQs

    What type of property is this?
    Industrial property - 21,750 SF industrial building on 0.94 acres in Grand Rapids.
    Where is this industrial property located?
    The property is located at 1590 Madison Ave SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 21,750 SF Industrial Building on 0.94 Acres; - Benefit from **4 Crane Ways in Place** (2- 7.5-ton, 1- 2-ton, 1- 15 -ton); - Three Grade-Level Doors (16'-14')
    (616) 259-6386
    Request Owner's contact information
    1590 Madison Ave SE Grand Rapids, MI 49507
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    Grand Rapids, MI 49507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1590 Madison Ave SE Grand Rapids, MI 49507
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