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    4517 Lake Michigan Dr NW Grand Rapids, MI 49534

    For Lease
    $1,500 /Mo ($15 SF/Yr)

    COMMERCIAL - Walker, MI

    Type:Retail
    Property size:
    1,200 SF
    Lot size:
    0.46 Acres
    Days on Market:
    208
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 4517 Lake Michigan Dr NW

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    41-13-19-380-002
    Fireplace
    1
    Size
    1,200 SF
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1969

    Five Star Real Estate (Jenison) (616) 723-2400

    Listing agent Vito (Jr.) E Dolci (616) 791-1010

    Listing date May 21, 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

    Recently Renovated Commercial Space

    This recently renovated commercial space, totaling 1200 square feet, is positioned across from Meijer on Lake Michigan Drive in Walker, Michigan. Situated between Grand Valley State University's Allendale and Downtown Pew campuses, the location benefits from substantial student and vehicle traffic. The GVSU Campus Connector provides consistent foot traffic throughout the day. The property is on a 0.46-acre lot. Signage opportunities are available on both the building and the pylon, offering maximum exposure within an active commercial corridor. The lease is NNN, with additional CAM charges of $400 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    grLease Real Estate Agency

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon 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
    -85.77924
    Latitude
    42.97232

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    FAQs

    What type of property is this?
    Retail space - High-visibility commercial space near GVSU and Meijer.
    Where is this retail space located?
    The property is located at 4517 Lake Michigan Dr NW Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - **High-visibility location directly across from Meijer on Lake Michigan Drive.**; - Recently renovated commercial space.; - Positioned between Grand Valley State University's Allendale and Downtown Pew campuses, benefiting from high student traffic.
    (616) 791-1010
    Request Owner's contact information
    4517 Lake Michigan Dr NW Grand Rapids, MI 49534
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    Grand Rapids, MI 49534
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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
    4517 Lake Michigan Dr NW Grand Rapids, MI 49534
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