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Two-Story Mixed-Use Property
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1151 GIDDINGS AVE SE, Grand Rapids, MI 49506

Two apartments occupy the upper level, while the ground floor is divided into office/retail spaces.

Property Size4,600 SF
Price / SF$86.96
Days on Market10

Property Features for 1151 GIDDINGS AVE SE

General Information

Standard status Active
Size 4,600 SF
Property subtype Retail, Multifamily, Office

Additional Details

Multifamily Units 2

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Tall Tree Realty and Property Management
Listed By: Raymond McDaniel · License #MI 6501317551
Source: Crexi
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 26 at 6:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tall Tree Realty and Property Management

Investment Insights

Based on property information with market context.

This two-story mixed-use building contains approximately 4,600 square feet. Its upper level has two apartments, and the ground floor is configured as two office/retail units.

Key Highlights

  • Approximately 4,600 square feet across two stories
  • Two apartments on the upper level
  • Two office/retail units on the ground floor

Property Analytics

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Current Use

Leach Skidsteer Rentals Construction Company

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

Demographics for 49506, MI

33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two apartments occupy the upper level, while the ground floor is divided into office/retail spaces.
Where is this mixed-use property located?
The property is located at 1151 GIDDINGS AVE SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Approximately 4,600 square feet across two stories; Two apartments on the upper level; Two office/retail units on the ground floor
More about this property
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