Property profile

320 Marion Ave Grand Rapids, MI 49504

OFF-MARKET
Industrial properties
5,665 SF Built 1993
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 1993
Total area 5,665 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

320 Marion Ave Grand Rapids, MI 49504
Grand Rapids metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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