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Flex Space with Drive-In Doors
For Sale
$875,000

451 54th St SW, Grand Rapids, MI 49548

Industrial flex property combining clearspan warehouse space with dedicated offices and multiple drive-in loading doors.

Property Size9,300 SF
Price / SF$94.09
Days on Market64

Property Features for 451 54th St SW

General Information

Standard status Active
Size 9,300 SF
Property subtype Industrial
Zoning I-2

Warehouse & Industrial

Clear Span Yes
Drive-In Doors 3

Additional Details

Highway Access Yes

Amenities

reception/lobby area
employee break area
Vacant

Building Details

Year Built 1973
Buildings 1
Building Size 9,300 SF
Listing Agency: Advantage Commercial Real Estate
Listed By: Lane Wells · License #6501418494
Source: Carwm.resimplifi
Added: Jun 29 Changed: Aug 30 Last Checked: Aug 30 at 11:37PM

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 Advantage Commercial Real Estate

Investment Insights

Based on property information with market context.

This 9,300-square-foot flex property, built in 1973, combines warehouse and office functions within an industrial building zoned I-2. The north section provides clearspan warehouse space with two 10’ x 12’ drive-in doors and bus duct. The south section contains the office component and an additional 12’ x 10’ drive-in door.

The office area includes two private offices, a restroom, reception and lobby space, and an employee break area. The property is situated near 54th Street and US-131, providing access to the highway from the industrial facility.

Key Highlights

  • 9,300 SF industrial flex building built in 1973
  • I‑2 zoning supports the property’s industrial configuration
  • Clearspan warehouse area with two 10’ x 12’ drive‑in doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Gym & Fitness Center Spa & Massage Center Skin Care Clinic Grocery & Convenience Store

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

Lease Details

3
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49548, MI

34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex property combining clearspan warehouse space with dedicated offices and multiple drive-in loading doors.
Where is this flex space located?
The property is located at 451 54th St SW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 9,300 SF industrial flex building built in 1973; I‑2 zoning supports the property’s industrial configuration; Clearspan warehouse area with two 10’ x 12’ drive‑in doors
More about this property
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