Downtown Grand Rapids Mixed-Use
For Sale
$1,350,000
20 & 22 Crescent St NE, Grand Rapids, MI 49501
Four-story mixed-use building in downtown Grand Rapids for sale.
Property SizeContact for details
Days on Market143
Property Features for 20 & 22 Crescent St NE
General Information
Standard status
Active
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$5,500
Building Details
Year Built
1910
Units
6
Listing Agency:
The Local Element
Listed By:
Lynette Fitzpatrick · License #6501398608
(616) 581-2776
Source:
Elliman
Added: Apr 24
Changed: Aug 28
Last Checked: Sep 12 at 7:59AM
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 The Local Element
Investment Insights
Based on property information with market context.
This four-story mixed-use building is located in downtown Grand Rapids, offering an investment opportunity with redevelopment potential. The property features five fully equipped residential units and a flexible main-floor office space. The office space includes a kitchen, full bath, and washer/dryer hookup. Situated near hospitals, research facilities, and the medical mile, the property's location supports both residential and commercial growth strategies. The building has a bike score of 71, indicating it is very bikeable, a walk score of 94, designating it as a walker's paradise, and a transit score of 60, suggesting good transit options.
Key Highlights
- Prime downtown Grand Rapids location
- Mixed‑use building with redevelopment potential
- Five fully equipped residential units
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,690
Businesses Nearby
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story mixed-use building in downtown Grand Rapids for sale.
Where is this mixed-use property located?
The property is located at 20 & 22 Crescent St NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime downtown Grand Rapids location; Mixed‑use building with redevelopment potential; Five fully equipped residential units
