320 Marion Ave, Grand Rapids, MI 49504
This exceptional 5,665-square-foot freestanding industrial building, located at 320 Marion Ave. SW in Grand Rapids, presents a unique opportunity for businesses seeking a versatile manufacturing space. Built in 1993, the property sits on a 0.34-acre lot and boasts a 16-foot ceiling height, ideal for various industrial applications. The building features convenient access to major highways, US-131 and I-196, ensuring efficient transportation and logistics. The property includes two overhead doors—one measuring 14 feet high and another at 8 feet—providing ample access for loading and unloading. The building is equipped with robust 480V, 3-phase power, catering to the demands of energy-intensive manufacturing processes. Previously occupied by an HVAC sheet metal fabricator, this adaptable space offers significant potential for a wide range of industrial uses. The entire 5,665 square feet is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a well-located, fully functional industrial property within the city limits of Grand Rapids, offering a combination of size, accessibility, and power capabilities rarely found in this market. The property's features make it an attractive option for businesses seeking a strategic location and a functional workspace to support their operations.
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.
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.