Building Details

Year Built 1910

Units 6

Listing Agency: The Local Element

Listed By: Lynette Fitzpatrick · License #6501398608 Show Phone

Source: Elliman

Added: Apr 24 Changed: Oct 25 Last Checked: Oct 28 at 9:15AM

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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

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility 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

6,690

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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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