122 Oakes St Grand Rapids, MI 49503
- Commercial real estate
- 44,438 SF
- 0.22 lot acres
Current Use by Public Records
- Funky Buddha Yoga Hothouse / Gym & Fitness Center
- Leo's Coney Island On Tap / Restaurant
- Studio Park Lofts / Apartment Building
- The Caribbean Bite (Studio Park) / Restaurant
Property Details for 122 Oakes St
- Year built
- 2018
- Lot size
- 0.22 lot acres
- Property size
- 44,438 SF
- Zone code
- TN-CC
- Property type
- Commercial real estate
- APN
- 41-13-25-449-004
- APU
- 411325449004
Description
This exceptional retail opportunity presents two available spaces within the vibrant Studio Park development in Grand Rapids, Michigan. Located at 122 Oakes St SW, Suite 120, these spaces offer 1,197 to 2,098 square feet, ideal for a variety of retail uses. The property is part of a larger Class A, four-building complex totaling 44,438 square feet, constructed in 2018 and situated on a 0.22-acre lot. The building features five stories and is zoned for commercial use. This prime location boasts high visibility and foot traffic, situated directly on the piazza and adjacent to the main entrance of the Studio C Multiplex. The surrounding area is bustling with activity, including 295 residential units, a 155-room Canopy by Hilton Hotel, a nine-screen theatre, Starbucks, One Twenty Three Tavern, a 200-seat live music venue, an arts marketplace, and an ice cream shop. Furthermore, the property enjoys close proximity to the Van Andel Arena and the upcoming Acrisure Amphitheater, ensuring significant exposure and a strong customer base. The property's Kent County location and 49503 zip code offer easy access to major transportation routes and a thriving community. This is a rare chance to establish a business in one of Grand Rapids' most dynamic and sought-after entertainment districts. The property's APN is 41-13-25-449-004.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,771,000
- AI Estimate
- $6,771,000
Market price range: $2.46M - $6.77MMarket price range: $2.46M - $6.77M
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Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.6711
- Latitude
- 42.9606
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA