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

    856 Michigan St NE Grand Rapids, MI 49503

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $325,000

    High-visibility retail space with parking in a well-traveled corridor.

    Property size:
    1,000 SF
    Lot size:
    0.14 Acres

    Property Features for 856 Michigan St NE

    General Information

    Size
    1,000 SF
    Lot size
    0.14 Acres

    Source: Advantage Commercial Real Estate Agent Murphy Wynsma

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

    Overview

    Retail Building Near Medical Mile

    The retail building at 856 Michigan St NE offers a compact footprint in a well-traveled corridor just minutes from Grand Rapids’ Medical Mile. The 1,000 SF property features street visibility, pylon signage, and a dedicated parking lot. It is surrounded by national and local businesses like The Toasted Pickle, Taco Bell, KFC, Taco Borracho, Jimmy John’s, and Walgreens, positioning the site for consistent drive-by traffic. The property is ideal for small-format retail or service users seeking an accessible, high-visibility location with neighborhood synergy. The property has the ability to be multi-tenanted which provides users or investors various use flexibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Smoke Shack Vape ... Smoke Shop Boost Mobile Cell Phone Store Mona Yoga Yoga Studio

    Suggested Use

    Realty agency Law Firm 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
    -85.6477
    Latitude
    42.969772

    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
      Pending

      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

      Updated Home with Detached Apartment

      Updated farmhouse with guesthouse on a large lot.
      950 Covell Ave NW, Grand Rapids, MI 49504
      View Details
    • $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 - High-visibility retail space with parking in a well-traveled corridor.
    Where is this retail space located?
    The property is located at 856 Michigan St NE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - High-visibility location on well-traveled Michigan St NE.; - Dedicated parking lot.; - Prominent pylon signage.
    (616) 802-2608
    Request Owner's contact information
    856 Michigan St NE Grand Rapids, MI 49503
    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.
    856 Michigan St NE
    Grand Rapids, MI 49503
    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
    856 Michigan St NE Grand Rapids, MI 49503
    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.