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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

855 Michigan St Grand Rapids, MI 49503

9,961 SF 0.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Class A retail property, located at 855 Michigan St. Suite 102 in Kent County, offers a prime opportunity for a grocer or similar business. The building boasts a total of 9,961 square feet, divided into four suites. One suite, measuring 2,549 square feet, is currently available for lease. This space features a pre-existing build-out suitable for a butcher shop or food production facility, complete with retail space and an outdoor patio area equipped with an awning. The property sits on a 0.656-acre lot, providing ample on-site parking for customers and employees. Its location on the busy Michigan Street corridor ensures high visibility and accessibility. The zoning is Traditional Neighborhood, and the property benefits from prominent building and monument signage opportunities. The minimum divisible space is 2,549 square feet, and the maximum contiguous space available is also 2,549 square feet. This is an ideal location for a business seeking high foot traffic and convenient parking in a thriving commercial area. The property's existing infrastructure and convenient layout make it a turn-key solution for a variety of retail uses. Don't miss this chance to secure a well-positioned retail space in a desirable Kent County location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 9,961 SF
Lot 0.66 ac (28,575 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lumberyard Lofts Apartment Complex
  • Grand Butchers Take-out & Catering Butcher
  • LibertyX Bitcoin ATM Atm
  • Snap Fitness Grand Rapids Gym & Fitness Center
  • Maggie's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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