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Property profile & analytics

55 Ionia Ave Grand Rapids, MI 49503

  • Commercial real estate
  • 2,125 SF
Value Estimation
Location Intelligence
Property ID
US43-4204772
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Morton / Apartment Complex
  • Morton Hotel / Hotel
  • 55 Ionia Partners LLC / Market Researcher

Property Details for 55 Ionia Ave

Year built
1923
Property size
2,125 SF
Zone code
TN-CC
Property type
Commercial real estate
APN
41-13-25-286-023
APU
411325286023

Description

The Morton, a stunning Class A mixed-use building at 55 Ionia Ave NW in Grand Rapids, MI, 49503, offers 34,357 square feet of vacant retail space. This single, beautifully renovated (2015) building boasts a prime downtown location in Kent County, surrounded by thriving businesses including Class A offices, restaurants, hotels, and other retailers, such as the new Gazelle Sports. Seven spaces are available, ranging from a minimum of 2,113 square feet to a maximum contiguous space of 9,441 square feet. The building's historic character is complemented by modern amenities, including high ceilings and large windows, creating a unique and impressive environment. Ideal for businesses seeking a prestigious address in the heart of Grand Rapids' central business district (CBD). This exceptional property presents a rare opportunity to establish a presence in one of the city's most desirable locations. The building's mixed-use nature, incorporating luxury condos, apartments, and a boutique hotel, ensures a vibrant and active atmosphere. The property's location provides excellent visibility and accessibility, making it an attractive option for a variety of retail businesses. Don't miss this chance to secure your space in this iconic Grand Rapids landmark.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.6692
Latitude
42.9649
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
2021
$2,442
$0.00
$0.00
$83,500
-
$0.00
$0.00
$167,000
More about this property
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