2023 Eastern AveGrand Rapids, MI 49507

Property Details for 2023 Eastern Ave

Year built

1952

Lot size

0.52 AC

Property size (Sq ft)

7,160 SF

Zone code

TN-TBA

Property type

Other commercial real estate

APN

41-18-07-227-025

APU

411807227025

Description

This prime commercial property, located at 2023 Eastern Ave SE in Grand Rapids, Michigan (49507), offers 4,276 square feet of flexible space suitable for a variety of businesses. The property is situated in a high-traffic area with excellent visibility, boasting co-tenancy with established brands including H&R Block, J Burger and Wings, Family Dollar, Beauty Hair Supply, and Little Caesar's Pizza. The space is divisible, offering two potential units: a 1,576 square foot unit (C1) and a 2,700 square foot unit (C). This single-tenant property is categorized as Retail, Office, and Industrial, encompassing subtypes such as Traditional Office, Coworking, Warehouse, Flex, Manufacturing, Distribution, and Medical Office. Its location within the Grand Rapids SE submarket of Kent County, Michigan makes it an attractive option for businesses seeking a thriving commercial environment. The property's versatility allows for diverse uses, making it an excellent opportunity for businesses looking to establish or expand their operations in a high-traffic, well-established commercial center. This is a rare opportunity to secure a well-positioned commercial space in a dynamic and growing area.

• Alternative Use

  Use

  Valuation

  Residential

  $1,496,840

  Hospitality

  $1,371,098

  Educational

  $1,140,737

  Medical

  $1,179,969

  Retail

  $1,774,480

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Latitude

42.9265

Longitude

-85.6487

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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