City Center Parking Lot Development
For Sale
$1,475,000
407 Turner Avenue NW, Grand Rapids, MI 49504
COMMERCIAL - Grand Rapids, MI
Property Size7,316 SF
Lot Size0.32 Acres
Price / SF$201.61
Days on Market1769
Property Features for 407 Turner Avenue NW
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
TCC
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
40
Interior features
Broadband
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
If coming from Bridge St NW: Turn North on to Broadway Ave NW and East on to First St NW and then South on to Turner Ave NW and the property is on the right side of the road.
Subdivision
Grand Rapids - G
Standard status
Active
APN
41-13-24-384-007
Size
7,316 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
S 35 FT OF LOT 8 BLK 21 & E 1/2 OF GORE LOT 1 BLK 21 * SCRIBNER & TURNER'S ADDITION
Tax Annual Amount
5597
Legal Description
S 35 FT OF LOT 8 BLK 21 & E 1/2 OF GORE LOT 1 BLK 21 * SCRIBNER & TURNER'S ADDITION
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1963
Floors in Building
1
Number of units
1
Building materials
Block, Concrete
Roof type
Stone, Rubber
Listing Agency:
Grand Rapids Realty & Investments LLC
(419) 494-4008
Listed By:
Frank N Roberts · License #6501385632
(616) 264-3180
Added: Oct 6, 2021
Changed: Aug 4
Last Checked: Aug 9 at 12:06AM
MLS# 21109595
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale is a commercial parking lot/garage property on Turner Avenue NW in Grand Rapids, MI. The site comprises approximately 0.32 acres (7,316 SF). The owner indicates the property is being offered with development options and partnership opportunities, and notes that there are parking spots on-site.
Public remarks also reference the City Center Zoning District, which allows up to 20 stories and cites regulations under Article 6 and Article 8 of the zoning DASH. The remarks further describe a downtown shuttle service providing free transportation until midnight on weekdays and until 1:00 AM on Saturdays, with direct access to entertainment venues.
Additional “ideal uses” mentioned in the remarks include wedding and event businesses, transportation companies, hospitality support, fleet operations, and contractor headquarters. The seller also references ongoing hospitality plans, waterfront commerce approval, brownfield incentives, and potential tax abatements, along with new license availability for class C and self-pour brewery use.
Public remarks also reference the City Center Zoning District, which allows up to 20 stories and cites regulations under Article 6 and Article 8 of the zoning DASH. The remarks further describe a downtown shuttle service providing free transportation until midnight on weekdays and until 1:00 AM on Saturdays, with direct access to entertainment venues.
Additional “ideal uses” mentioned in the remarks include wedding and event businesses, transportation companies, hospitality support, fleet operations, and contractor headquarters. The seller also references ongoing hospitality plans, waterfront commerce approval, brownfield incentives, and potential tax abatements, along with new license availability for class C and self-pour brewery use.
Key Highlights
- Year built: 1963
- Construction: block and concrete
- Heating: forced air
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,644
Businesses Nearby
Under-served
Demand for This Use
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?
Parking lot & garage - Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.
Where is this parking lot & garage located?
The property is located at 407 Turner Avenue 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: Year built: 1963; Construction: block and concrete; Heating: forced air
