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Industrial Investment with Parking Lot
For Sale
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1500 Marion Ave, Grand Haven, MI 49417

Stabilized industrial investment with an on-site commercial building and an associated parking lot.

Property SizeContact for details
Days on Market144

Property Features for 1500 Marion Ave

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Matt VanWoerkom
Listed By: Matt VanWoerkom · License #6502431813
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 9:36AM

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 Matt VanWoerkom

Investment Insights

Based on property information with market context.

This stabilized industrial investment includes a commercial building at 1500 Marion Ave and a parking lot at 1501 Marion Ave. The property is currently leased, with the lease described as being below market rate. The tenant has 5 years remaining on the lease term, along with two additional 5-year options.

The offering combines the building and parking components into a single package, reflecting the property’s mixed utility for ongoing operations. The listings are tied to both addresses included in the sale.

For buyers evaluating income-producing industrial real estate, the existing lease structure provides near-term duration clarity through the current term and the stated option periods.

Key Highlights

  • Stabilized industrial investment property with current lease rate of $2.45/sq ft
  • Tenant lease includes 5 years remaining plus two 5‑year options
  • Property includes 1500 Marion with the commercial building

Property Analytics

Current Use

Grand Transformers Electronics & Wireless Store Grand Power Systems Industrial Manufacturer Macro Magnetics Industrial Manufacturer

Suggested Use

Top Pick Law Firm Building Supply Restaurant Big Box & Wholesale Store Hair Salon Nail Salon

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

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49417, MI

32,406
Population
14,709
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
95%
High-School Grad
46.9 sq mi
ZIP Area
691
Density / Sq Mi
$84,476
Median Household Income
$45,392
Median Earnings
$1,101
Median Rent
$287,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Enterprise Rent-A-Car 525 S Beechtree St, Grand Haven, MI 49417
  • U-Haul Neighborhood Dealer 301 S Beechtree St, Grand Haven, MI 49417

Frequently Asked Questions

What type of property is this?
Parking lot & garage - Stabilized industrial investment with an on-site commercial building and an associated parking lot.
Where is this parking lot & garage located?
The property is located at 1500 Marion Ave Grand Haven, MI.
What are key features of this property?
This property features: Stabilized industrial investment property with current lease rate of $2.45/sq ft; Tenant lease includes 5 years remaining plus two 5‑year options; Property includes 1500 Marion with the commercial building
More about this property
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