542 Chavez Ave Sw Grand Rpd, Grand Rapids, MI 49503
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.
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
Similar Nearby for Sale
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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.