Grand Rapids Development
For Sale
$1,475,000
407 Turner Ave NW, Grand Rapids, MI 49504
Prime land in Grand Rapids with development potential.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market151
Property Features for 407 Turner Ave NW
General Information
Standard status
Active
Lot size
0.32 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,597
Building Details
Year Built
1963
Units
1
Listing Agency:
Grand Rapids Realty & Investments LLC
(616) 264-3180
Listed By:
Frank N Roberts · License #6501385632
(616) 264-3180
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 8 at 12:26PM
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 Grand Rapids Realty & Investments LLC
Investment Insights
Based on property information with market context.
This property presents a development opportunity in Grand Rapids. A new amphitheater and soccer stadium are planned for the area. The Grand Rapids market needs 10,000 new units based on growth stated by the Downtown Development Authority (DDA). The location benefits from a social zone and city incentives for signage, outdoor furniture, heaters, and island barriers, as well as brownfield incentives and tax abatements. New licenses are available for Class C and self-pour breweries. The area is considered a new West Side mini-Chicago district, with waterfront commerce opening upon removal of the fish ladder. There are no parking minimums required, though parking spots are available. The City Center Zoning District allows for up to 20 stories, according to Article 6 and Article 8 of the Zoning regulations. The property's power/voltage is 120/240. The owner is a licensed Realtor in the State of Michigan and open to partnership on development options.
Key Highlights
- City Center Zoning District: Development up to 20 stories allowed.
- Development Incentives: Take advantage of brownfield incentives and tax abatements.
- New Licenses Available: Opportunity for Class C and self‑pour brewery licenses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,644
Businesses Nearby
Explore this area
Business Placement
Demographics for 49504, MI
41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime land in Grand Rapids with development potential.
Where is this commercial land 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: Development up to 20 stories allowed.; Development Incentives: Take advantage of brownfield incentives and tax abatements.; New Licenses Available: Opportunity for Class C and self‑pour brewery licenses.
