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    1425 Michigan St NE Grand Rapids, MI 49503

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    For Lease
    $4,350,000

    Located near Medical Mile with excellent I-196 access.

    Property size:
    11,409 SF
    Lot size:
    2.81 Acres

    Property Features for 1425 Michigan St NE

    General Information

    Size
    11,409 SF
    Lot size
    2.81 Acres

    Source: NAI Wisinski of West Michigan Agent Stuart Kingma, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical/Office Space Near Medical Mile

    The property at 1425 Michigan Street NE is located near the Michigan and Fuller interchange, offering access to I-196 near the Medical Mile. The vacant space is currently used as an Emergency Veterinarian Clinic and could be connected to either medical or general office use. The property has a 5.5 /1000 parking ratio. The facility is located on a bus route and has signage on Michigan Street. There are two additional tenants that occupy the building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thomas Pfennig Plastic Surgeon Theresa Bosworth Audiologist Nora Lignell Audiologist Robert Meleca Otolaryngologist Claudell Cox Otolaryngologist

    Suggested Use

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

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

    Similar Places Nearby

    Grand Rapids Veterinary Care Service

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.633804
    Latitude
    42.970906

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    FAQs

    What type of property is this?
    Medical office - Located near Medical Mile with excellent I-196 access.
    Where is this medical office located?
    The property is located at 1425 Michigan St NE Grand Rapids, MI.
    What are key features of this property?
    This property features: - Excellent access to I-196 near the Medical Mile.; - High parking ratio (5.5 / 1000) offering free parking.; - Signage on busy Michigan Street.
    (616) 581-5000
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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
    1425 Michigan St NE Grand Rapids, MI 49503
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