855 Michigan St Grand Rapids, MI 49503
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.