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Food Production Manufacturing Facility
For Lease
$11 SF/Yr

463 44th St SE, Grand Rapids, MI 49548

Industrial facility with dedicated processing areas, office space, cold storage, dock access, and substantial electrical capacity.

Space SizeContact for details
Days on Market54

Property Features for 463 44th St SE

General Information

Standard status Active
Property subtype Industrial
Zoning I1- Light Industrial
Lease Type NNN

Building Details

Year Built 1973
Tenancy Single Tenant

Spaces For Lease

at 463 44th St SE
Available Space $11/Mo
Contact us
Listing Agency: NAI Wisinski of West Michigan
Listed By: Eli Smies
Source: Carwm.resimplifi
Added: Aug 24 Changed: Oct 14 Last Checked: Oct 16 at 5:53AM

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 NAI Wisinski of West Michigan

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Investment Insights

Based on property information with market context.

This manufacturing facility combines 8,824 square feet of industrial space with an additional 1,000 square feet of office area. The layout supports food production operations and includes installed coolers and freezers. Many fixtures remain with the building, while additional food-processing equipment is available for separate purchase.

The property has two dock doors and is served by 600-amp, 480-volt power. Built in 1973, the facility is zoned I-1 Light Industrial, supporting its established industrial configuration and food-production use.

Key Highlights

  • 8,824 SF of industrial space plus 1,000 SF of office area
  • Installed coolers and freezers support refrigerated food operations
  • 600‑amp, 480‑volt electrical service

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Gym & Fitness Center Garden Center Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Grand Rapids, MI

$7.99 /SF/Yr
Avg Asking Price
$5.35–$13 /SF/Yr
Price Range
95,542 SF
Avg Space Size

This space is priced 38% above the average of $7.99 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial facility with dedicated processing areas, office space, cold storage, dock access, and substantial electrical capacity.
Where is this manufacturing property located?
The property is located at 463 44th St SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 8,824 SF of industrial space plus 1,000 SF of office area; Installed coolers and freezers support refrigerated food operations; 600‑amp, 480‑volt electrical service
More about this property
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