111 Commerce SW Ave Grand Rapids, MI 49503-4105
- Commercial real estate
- 98,700 SF
- 0.05 lot acres
Jun 11, 2025
Current Use by Public Records
- L. Graham Ward / Attorney
Property Details for 111 Commerce SW Ave
- Lot size
- 0.05 lot acres
- Property size
- 98,700 SF
- Zone code
- TN-CC
- Property type
- Commercial real estate
- APN
- 41-13-25-438-038
- APU
- 411325438038
Description
This exceptional 108,654 square foot, Class A office building presents a compelling redevelopment opportunity. Located in Grand Rapids, Michigan's vibrant Entertainment District, this five-story brick and steel structure boasts significant visibility and is situated amongst high-credit tenants, new multi-family developments, restaurants, and hotels. Originally built in 1915, the building underwent a substantial renovation and expansion in 2006, resulting in modern amenities including in-floor heating, a snow melt system, and emergency standby generators. The property features large windows throughout, a finished lower level, and ample classroom space, including four 90-seat classrooms, two courtrooms, and twelve additional classrooms. The 1.45-acre lot is zoned commercial, offering flexibility for various uses. The asking price is $8,900,000. This is an owner/user investment opportunity in a rapidly growing area of downtown Grand Rapids, Kent County, MI, 49503. The address is 111 Commerce Ave SW.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.6694
- Latitude
- 42.9606
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
