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Property profile & analytics
OFF-MARKET
Office Spaces

200 Ottawa Ave Grand Rapids, MI 49503

139,120 SF Built 1950
Property ID
Property summary
AI-generated overview

This exceptional 10-story, 139,120 square foot Class A office building at 200 Ottawa Ave NW in Grand Rapids, Michigan, presents a unique opportunity. Built in 1950, the property offers multiple tenancy options, with a minimum divisible space of 4,432 square feet and a maximum contiguous space of 29,694 square feet. Currently, 34,126 square feet are vacant, spread across three available suites, providing flexibility for businesses of various sizes. The building is conveniently located in the heart of Grand Rapids, offering easy access to major transportation routes and popular local attractions. Amenities include on-site covered parking and a convenient on-site cafe, enhancing the professional environment for tenants. The building features elevators for convenient access to all floors. Situated in Kent County, with a zip code of 49503, this property provides a prestigious address and a strategic location for businesses seeking a thriving and accessible environment. The building's traditional office design offers a classic and sophisticated workspace. This is an ideal opportunity for businesses seeking a prominent location in a vibrant city.

Property profile
Verified
Property type Office Spaces
Year built 1950
Total area 139,120 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
Current use
Occupant on record · Public records
  • Express cafe Take-out & Catering
  • Paul C. McDonagh, P.C. Law Firm
  • CBRE Real Estate Agency
  • Honigman LLP Law Firm
  • FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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