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    Specialty properties

    701 Greenville Dr, Greenville, MI 48838

    65,161 SF 8.1 ac lot Built 2005
    Property ID
    Property summary
    AI-generated overview

    The Greenville Marketplace, a well-maintained Class B retail center (APN: 59052-742-070-40), offers an exceptional opportunity for businesses seeking space in a thriving Montcalm County location. Shadow-anchored by a flagship Meijer's, this property enjoys a prime position on the main retail corridor. The complex comprises two single-story buildings totaling 65,161 square feet, built in 2005, and situated on 8.1 acres of land. Currently, 17,433 square feet of space is available, divisible into units as small as 3,650 square feet, with a maximum contiguous space of 17,433 square feet. The property features a total of 12 suites, offering flexibility for various business needs. The zoning is C-2, allowing for a range of commercial uses. Ample parking is provided with 453 spaces. The property boasts excellent co-tenancy and an appealing appearance. Property taxes are $1.65 per square foot. This location is part of the Greenville submarket within the Grand Rapids submarket cluster, offering easy access via W Washington Street. The property is categorized as Retail, Office, and Special Purpose, with subtypes including Medical Office, Creative Office, and Shopping Center. This is a multi-tenant property ideal for businesses seeking high visibility and strong community presence.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2005
    Total area 65,161 SF
    Lot 8.1 ac (352,836 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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