701 Greenville Dr, Greenville, MI 48838
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.