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    OFF-MARKET
    Warehouses

    542 Chavez Ave Sw Grand Rpd, Grand Rapids, MI 49503

    50,710 SF
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity in Grand Rapids, MI, encompassing 1.76 acres with frontage on three streets: Cesar Chavez, Pleasant, and Grant. This portfolio consists of two buildings totaling 50,710 square feet. Building 1, a 38,230 square foot multi-tenant industrial structure, offers significant potential. Building 2, a recently updated 12,480 square foot mixed-use building, adds versatility. The property also includes three vacant land lots, presenting prime redevelopment opportunities. Its strategic location on the outskirts of downtown Grand Rapids, in Kent County, provides excellent access and visibility. The asking price for this unique portfolio is $2,650,000. This is a rare chance to acquire a substantial industrial holding with significant upside potential, ideal for investors seeking a multi-faceted project with strong redevelopment prospects. The property is located at 542, 570, 600, 602, and 606 Cesar E. Chavez Ave SW, Grand Rapids, MI 49503.

    Property profile
    Verified
    Property type Warehouses
    Total area 50,710 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
    AI Approach AI
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    CAP Approach CAP
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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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