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    2727 Beltline Ave Grand Rapids, MI 49525

    Sponsored
    For Lease
    $16 SF/Yr ($13,333 /Mo)

    Prime East Beltline location, flexible suites available.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,000 square foot office building, constructed in 2005, presents a unique opportunity in Grand Rapids, Michigan. Situated on a 0.97-acre lot at 2727 E. Beltline Ave NE, this two-story property offers multiple tenancy options, ideal for executive offices, coworking spaces, medical practices, or creative businesses. Currently, 9,000 square feet are vacant, divisible into spaces ranging from 4,000 to 5,000 contiguous square feet. The available space is in a "grey shell" condition, providing flexibility for tenant build-out to suit specific needs. Tenants are responsible for build-out costs, including HVAC, plumbing, electrical, bathroom/kitchenette fixtures, walls, ceilings, and lighting. The property boasts 18 dedicated parking spaces and is conveniently located on the corner of East Beltline and 3 Mile, directly across from the new Spectrum Health Campus. The property is zoned commercial and located in Kent County, with a zip code of 49525. This is an excellent opportunity for businesses seeking a high-visibility location with ample space and parking. The building consists of one structure with a total of 10,000 square feet.

    Property Features for 2727 Beltline Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    13333.33

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 200
    Size
    5,000 SF
    Rate per SF
    $16
    Space
    Suite 201
    Size
    4,000 SF
    Rate per SF
    $16

    HighLights

    • Excellent location across from the new Spectrum Health Campus on 3 Mile Rd. NE.
    • Suitable for medical or general office use.
    • Built in 2005.
    • Abundant natural light from large windows.
    • Nearby amenities include Village at Knapp's Corner, Meijer, Celebration Cinema, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Glaucoma Eye Center ... Ophthalmology Clinic Dr. Danny D. ... Ophthalmologist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.5911545
    Latitude
    43.0118921

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    FAQs

    What type of property is this?
    Office space - Prime East Beltline location, flexible suites available.
    Where is this office space located?
    The property is located at 2727 Beltline Ave Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Excellent location across from the new Spectrum Health Campus on 3 Mile Rd. NE.; Suitable for medical or general office use.; Built in 2005.
    Request Owner's contact information
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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
    2727 Beltline Ave Grand Rapids, MI 49525
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