4450 Breton RdGrand Rapids, MI 49508

  • Other commercial real estate
  • 71,584 SF
For Lease
$6.50/SF/YR View listing

Property Details for 4450 Breton Rd

Year built
1990
Lot size
9.16 AC
Property size (Sq ft)
71,584 SF
Zone code
C-PUD
Property type
Other commercial real estate
APN
41-18-27-101-021
APU
411827101021

Description

This exceptional Grand Rapids retail property, located at 4450-4548 Breton Rd SE, offers 141,638 square feet of commercial space in a single, one-story building constructed in 1987. The property sits on an 8.91-acre lot and is zoned C-2, providing flexibility for various commercial uses, including restaurant space or office. Multiple tenancies are available, with spaces ranging from a minimum of 900 square feet to a maximum contiguous space of 18,999 square feet. Currently, 22,899 square feet is vacant and ready for immediate occupancy. The property enjoys a high-traffic location on Breton Road at the corner of 44th Street, with daily traffic counts estimated between 12,000 and 30,000 vehicles. Its prime location in Kentwood, MI, near the local library and city offices, ensures high visibility and accessibility. The expansive lot allows for prominent signage at both street entrances. Based on 2010 Census Bureau data, the surrounding area shows promising growth potential in population and household income. The property's APN is 41-13-27-101-015. This is an excellent opportunity for businesses seeking high-profile retail space in a thriving Grand Rapids community. The property's convenient location and ample space make it an ideal investment for a variety of commercial ventures.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,125,758
    Hospitality
    $4,695,166
    Educational
    $3,906,323
    Medical
    $4,040,668
    Retail
    $6,076,503
4450 Breton Rd, Grand Rapids, Michigan
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Location Insight

City
Kentwood
County
Kent
State
Michigan
Latitude
42.8816
Longitude
-85.6048
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
$109,918
-
-
$2,294,500
-
-
-
$4,589,000

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