2306 Camelot Ridge CtGrand Rapids, MI 49546

  • Other commercial real estate
  • 15,650 SF
For Sale
$1,950,000 View listing

Property Details for 2306 Camelot Ridge Ct

Year built
2002
Lot size
4.64 AC
Property size (Sq ft)
15,650 SF
Zone code
R1-C
Property type
Other commercial real estate
APN
41-18-12-101-052
APU
411812101052

Description

This exceptional 15,650-square-foot commercial building, situated on a spacious 4.64-acre lot in Grand Rapids, Michigan, presents a remarkable investment opportunity. Built in 2002, this single-story Class B office building boasts a prime location with high-profile signage on heavily traveled East Paris Avenue, ensuring excellent visibility and accessibility. The property features a versatile layout suitable for various uses, including creative office, traditional office, and retail, as reflected in its C-2 Commercial zoning. Currently vacant, the building offers a blank canvas for customization, with existing features including office space, a conference room, a break room, a large open area with two drive-in doors, and full air conditioning. The pre-engineered steel construction ensures durability and longevity. The ample parking and expansive lot size provide room for future expansion. The asking price is $1,950,000, translating to $124.60 per square foot. The lease type is NNN, and the property is offered as a single tenancy. The seller is open to negotiating tenant improvements. This property offers a unique blend of functionality, location, and potential, making it an ideal investment for discerning buyers seeking a versatile and well-positioned commercial space.

2306 Camelot Ridge Ct, Grand Rapids, Michigan
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Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9216
Longitude
-85.5655
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
$34,570
-
-
$803,600
-
-
-
$1,607,200

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