2627 Beltline AveGrand Rapids, MI 49546

  • Other commercial real estate
  • 21,300 SF
For Sale
$2,300,000 View listing

Property Details for 2627 Beltline Ave

Year built
1970
Lot size
1.19 AC
Property size (Sq ft)
21,300 SF
Zone code
C3
Property type
Other commercial real estate
APN
41-18-11-375-002
APU
411811375002

Description

This exceptional Class A medical office suite, located at 2627 E Beltline Ave SE in Grand Rapids, MI 49546, offers 1,028 square feet of move-in ready space within a larger 21,600 square foot building. The suite boasts abundant natural light from its corner location and excellent visibility, ideal for signage. The property features a total of 12 suites across three stories, with a 9-foot ceiling height. Recent renovations in 2022 enhanced both the suite and common areas, creating a modern and inviting atmosphere. Ample on-site parking is provided with 76 spaces. The building is conveniently located near the thriving Woodland Mall and benefits from excellent synergy among existing tenants. A tenant improvement allowance is negotiable for long-term leases. The property sits on 1.4 acres of land and is zoned for office and retail use. The property's APN is 41-18-11-375-002. One elevator serves the three-story building. This is a fantastic opportunity for a medical practice seeking a high-visibility location with convenient amenities. The minimum divisible space is 1,028 square feet, and the maximum contiguous space available is also 1,028 square feet. Taxes are $5 per square foot. Cross street is 28th Street SE.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,525,182
    Hospitality
    $1,397,059
    Educational
    $1,162,336
    Medical
    $1,202,311
    Retail
    $1,808,079
2627 Beltline Ave, Grand Rapids, Michigan
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Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9152
Longitude
-85.5843
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$38,614
-
-
$833,400
-
-
-
$1,666,800

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