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    OFF-MARKET
    Industrial properties

    320 Marion Ave, Grand Rapids, MI 49504

    5,665 SF Built 1993
    Property ID
    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
    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
    Allowed · conditional · prohibited
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