60 Monroe Center StGrand Rapids, MI 49503

  • Other commercial real estate
  • 0.39 AC
For Lease
$17/SF/YR View listing

Property Details for 60 Monroe Center St

Lot size
0.39 AC
Zone code
TN-CC
Property type
Other commercial real estate
APN
41-13-25-288-012
APU
411325288012

Description

This exceptional 12-story office building, located at 60 Monroe Center St NW in Grand Rapids, Michigan, presents a unique opportunity. Built in 1916, this historic structure boasts a stunning blend of brick, marble, and granite architecture. The building encompasses 90,665 square feet, with 6,039 square feet of office space currently available for lease. The property features a desirable multiple tenancy arrangement, with commercial office tenants already occupying the second through fifth floors. The first floor houses banking facilities, and the building also includes 25 high-end residential condominiums. Tenants enjoy a range of amenities, including a convenient outdoor street melt system, professionally landscaped planters, and a rooftop deck offering breathtaking views of the Grand Rapids cityscape. Large windows with granite sills enhance the natural light and stunning views. The building's prime location in the heart of the Central Business District provides easy access to numerous parking options. This meticulously maintained building offers a blend of historical charm and modern convenience, making it an ideal location for businesses seeking a prestigious and functional office space. The available space totals 6,039 square feet and is situated within Kent County, zip code 49503.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,551,441
    Hospitality
    $3,253,101
    Educational
    $2,706,542
    Medical
    $2,799,624
    Retail
    $4,210,176
60 Monroe Center St, Grand Rapids, Michigan
Leaflet | © OpenStreetMap contributors

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9646
Longitude
-85.6719
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
$18,072
-
-
$521,400
-
-
-
$1,042,800

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