1564 Walker NW Ave Grand Rapids, MI 49504-3962

Property Details for 1564 Walker NW Ave

Year built

1983

Lot size

0.15 lot acres

Property size

1,708 SF

Zone code

TN-TBA

Property type

Commercial real estate

APN

41-13-23-101-003

APU

411323101003

Description

This 1,760 sq ft vacant office building in Grand Rapids, MI, is a value-add opportunity. Located at 1564 Walker Ave NW, this single-story, Class C property sits on a 0.15-acre lot and boasts a 10' ceiling height. Built in 1983, the property includes a main 1,400 sq ft building, a 300 sq ft garage, and a 120 sq ft shed. The property benefits from its location at a busy intersection with over 20,000 vehicles per day, and features two billboards generating additional income. Zoned TN-TBA, it allows for diverse uses including retail, office, food service, and more. Ample on-site parking is available. The asking price is $279,000 ($213.57/sq ft), and the property is offered as an Absolute NNN lease with a credit-rated tenant. This is a prime location approximately one mile from I-196, making it easily accessible. The property is currently vacant and presents a unique opportunity for a variety of businesses. The sale is for sale by owner.

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Longitude

-85.7072

Latitude

42.985

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments