Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    407 Turner Ave NW Grand Rapids, MI 49504

    For Sale
    $1,475,000

    SINGLE_FAMILY - Grand Rapids, MI

    Type:Retail
    Property size:
    7,316 SF
    Lot size:
    0.32 Acres
    Days on Market:
    386
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 407 Turner Ave NW

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    41-13-24-384-007
    Parking
    40
    Interior features
    Broadband
    Size
    7,316 SF
    Lot size
    0.32 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    1
    Building materials
    Block, Concrete
    Roof type
    Stone, Rubber

    Grand Rapids Realty & Investments LLC (419) 494-4008

    Listing agent Frank N Roberts (616) 264-3180

    Listing date Nov 15, 2024

    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 Retail Opportunity

    This retail property is located in Grand Rapids, Michigan. The property has a size of 7,316 square feet and is situated on a 0.32-acre lot. The Grand Rapids market is experiencing growth and needs additional units. The Downtown Development Authority (DDA) has stated a need for 10,000 new units. A new amphitheater and soccer stadium are planned. The property is located in a transitional city center. There are city incentives available for signage, outdoor furniture, heaters, and island barriers. Brownfield incentives and tax abatements are also available. New licenses are available for Class C and self-pour breweries. The property is located in the New West side mini Chicago district. Waterfront commerce is expected to open upon removal of the fish ladder. The City Center Zoning District allows for buildings up to 20 stories, subject to regulations of Article 6 and Article 8 of the Zoning. There are no parking minimums required, and parking spots are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reyes Auto & Towing ... Towing Service Guitar Lessons with ... Guitar Instructor Frank Roberts, Grand ... Real Estate Agent 407 Turner Ave ... Parking Lot Commercial Grand Rapids ... Commercial Real Estate Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.679319
    Latitude
    42.971047

    Nearby Similar for Sale

    • $897,500
      0.36 Acres

      Historic Grand Rapids Multifamily Property

      Spacious, historic multifamily home in Grand Rapids' Heritage Hill district.
      400 Fulton St E, Grand Rapids, MI 49503
      View Details
    • New
      $425,000
      0.14 Acres

      Grand Rapids Two-Unit Property

      Well-maintained two-unit property near Wealthy Street Corridor.
      321 Henry Ave SE, Grand Rapids, MI 49503
      View Details
    • $1,749,900
      0.15 Acres

      Historic Boutique Hotel Opportunity

      Turn-key boutique hotel in downtown Grand Rapids with luxury suites.
      22 Jefferson Ave SE, Grand Rapids, MI 49503
      View Details
    • $799,999
      0.17 Acres

      Mixed-Use Block in Grand Rapids

      Seven buildings with apartments, commercial units, and a single-family home.
      1200-1210 White St NW, Grand Rapids, MI 49504
      View Details
    • New
      $549,900
      Pending

      Grand Rapids Home with Apartment

      Updated home with detached apartment on a large lot.
      950 Covell Ave NW, Grand Rapids, MI 49504
      View Details
    • New
      $930,000
      0.17 Acres

      Renovated Two-Unit Home Near Downtown

      Spectacularly renovated two-unit home near Heritage Hill and downtown.
      643 Madison Ave SE, Grand Rapids, MI 49503
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail property in growing Grand Rapids market with development potential.
    Where is this retail space located?
    The property is located at 407 Turner Ave NW Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $1,475,000.
    What are key features of this property?
    This property features: - City Center Zoning District allows for development up to 20 stories.; - Development partnership opportunities available.; - Located in the Grand Rapids Market, which needs 10,000 new housing units.
    (616) 264-3180
    Request Owner's contact information
    407 Turner Ave NW Grand Rapids, MI 49504
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    407 Turner Ave NW
    Grand Rapids, MI 49504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    407 Turner Ave NW Grand Rapids, MI 49504
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.