565 Godfrey AveGrand Rapids, MI 49503
- Industrial properties
- 38,992 SF
Property Details for 565 Godfrey Ave
- Year built
- 1910
- Lot size
- 1.25 AC
- Property size (Sq ft)
- 38,992 SF
- Zone code
- SD-IT
- Property type
- Industrial properties
- APN
- 41-13-36-153-001
- APU
- 411336153001
Description
This 13,300 square foot industrial property in Grand Rapids, Michigan, offers flexible office space, divisible to a minimum of 3,000 square feet. Located in Kent County at 565 Godfrey Ave SW, this property boasts a 20-foot ceiling height, one dock-high door, and one drive-in door. Situated on a 2.18-acre lot, it's zoned industrial but adaptable for retail or office use. The property benefits from its prime location near US-131 and I-196, providing easy access to the entire West Michigan area. Its proximity to Grand Rapids Community College, the Grand Rapids Amphitheater, Factory Yards, and the Sligh Building redevelopment positions it within a thriving, rapidly developing area. Current plans, subject to change, envision two buildings totaling 25,300 square feet, offering various sizes and configurations. Construction is projected to begin Spring 2024, with completion anticipated in early 2025. This presents a unique opportunity to establish a presence in West Michigan's most desirable redevelopment district. The property is located within a qualified opportunity zone.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $8,151,506
- Hospitality
- $7,466,736
- Educational
- $6,212,237
- Medical
- $6,425,886
- Retail
- $9,663,480














Location Insight
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Latitude
- 42.9524
- Longitude
- -85.6831
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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