Industrial Property with Outside
For Sale
$2,000,000
550 Richmond St NW, Grand Rapids, MI 49504
Three-building industrial site with outdoor storage, expressway connectivity, and substantial power service.
Property Size21,000 SF
Lot Size3.53 Acres
Price / SF$95.24
Days on Market91
Property Features for 550 Richmond St NW
General Information
Standard status
Active
Size
21,000 SF
Lot size
3.53 Acres
Property subtype
Industrial
Zoning
TN-TCC
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Power
400 amps
Voltage
480 V
Additional Details
Asking Price
$2,000,000
Building Details
Building Size
21,000 SF
Buildings
3
Listing Agency:
Cawley Chicago
(312) 208-1561
Listed By:
Frank H. Melchert V
(312) 208-1561
Source:
Cawleycre
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 31 at 1:50PM
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 Cawley Chicago
Investment Insights
Based on property information with market context.
This industrial property comprises three buildings totaling 21,000 SF on 3.53 acres. The improvements include 9,750 SF, 7,750 SF, and 3,500 SF buildings, creating a multi-building configuration for industrial operations and storage. Outdoor storage is part of the property, and loading is supported by 12’ x 14’ DIDs. Electrical service includes 400 Amp/480V, 220V, and 120V power.
Located in the City of Grand Rapids, the property fronts a major city street and provides immediate access to US-131. Downtown Grand Rapids is 2.4 miles away, identified as less than 10 minutes by drive time. The site is zoned TN-TCC and carries PINs 41-13-13-326-047, 002, and 003.
Located in the City of Grand Rapids, the property fronts a major city street and provides immediate access to US-131. Downtown Grand Rapids is 2.4 miles away, identified as less than 10 minutes by drive time. The site is zoned TN-TCC and carries PINs 41-13-13-326-047, 002, and 003.
Key Highlights
- 21,000 SF total building area across three buildings
- 3.53‑acre industrial site with outside storage
- Building sizes of 9,750 SF, 7,750 SF, and 3,500 SF
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Three-building industrial site with outdoor storage, expressway connectivity, and substantial power service.
Where is this industrial property located?
The property is located at 550 Richmond St NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 21,000 SF total building area across three buildings; 3.53‑acre industrial site with outside storage; Building sizes of 9,750 SF, 7,750 SF, and 3,500 SF
