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    420 Stocking Ave Grand Rapids, MI 49504

    For Lease
    $19 SF/Yr ($11,753 /Mo)

    7,423 SF Retail Space - Prime Location

    Lot size:
    7,423 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7,423-square-foot retail space is available for lease at 420 Stocking Ave NW in Grand Rapids, Michigan, within Kent County. The property, identified as Stockbridge Retail, is a single-building, multi-tenant property offering a minimum divisible space of 1,149 square feet and a maximum contiguous space of 1,961 square feet. Currently, the entire 7,423 square feet is vacant, presenting a unique opportunity for a single tenant or multiple tenants to occupy this prime location. The property's classification includes both retail and mixed-use components, offering flexibility for a variety of businesses. Its strategic location just off the vibrant Bridge Street corridor provides excellent visibility and accessibility. The property's adjacency to the Hendrik mixed-use building, anchored by the Bridge Street Market (a Downtown Meijer), ensures high foot traffic and a strong customer base. Potential uses for this space are diverse, including, but not limited to, a dental office, insurance agency, or cellular phone retail store. This space offers a significant opportunity to serve the neighborhood's commercial and residential communities. The property's zip code is 49504.

    Property Features for 420 Stocking Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,423 SF
    Total Rate
    11753.08

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Suite A
    Size
    1,961 SF
    Rate per SF
    $19
    Space
    Suite B
    Size
    1,577 SF
    Rate per SF
    $19
    Space
    Suite C
    Size
    1,247 SF
    Rate per SF
    $19
    Space
    Suite D
    Size
    1,489 SF
    Rate per SF
    $19
    Space
    Suite E
    Size
    1,182 SF
    Rate per SF
    $20
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meijer Express Gas ... Convenience Store Kindred Yoga + Barre Fitness Center Stockbridge Meijer Express Gas Station

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6834868
    Latitude
    42.971087

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    FAQs

    What type of property is this?
    Retail property - 7,423 SF Retail Space - Prime Location
    Where is this retail property located?
    The property is located at 420 Stocking Ave Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $19-$20 SF/Yr.
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    420 Stocking Ave Grand Rapids, MI 49504
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    Grand Rapids, MI 49504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 Stocking Ave Grand Rapids, MI 49504
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