150 Ann NW St Grand Rapids, MI 49505-6244

Property Details for 150 Ann NW St

Year built

1974

Lot size

0.65 lot acres

Property size

11,058 SF

Zone code

TN-TCC

Property type

Commercial real estate

APN

41-13-13-276-001

APU

411313276001

Description

This exceptional 15,000-square-foot office building, located at 150 Ann St NW in Grand Rapids, Michigan, presents a compelling investment opportunity. The property, built in 1978, is a three-story Class B building situated on a 0.72-acre lot (APN: 41-13-13-276-001). Currently vacant, it offers significant potential for redevelopment or immediate occupancy. Its previous use as a credit union provides unique features including a drive-thru and ample on-site parking, highly desirable amenities in today's market. The building is zoned for commercial use and offers a flexible layout suitable for a variety of office configurations, catering to both traditional and creative office spaces. The asking price is $1,100,000, translating to $73.33 per square foot. Its strategic location just north of downtown Grand Rapids, coupled with ongoing riverfront redevelopment projects, positions this property for strong future appreciation. The property's size, features, and location make it an ideal investment for those seeking a high-return opportunity in a thriving urban environment. The building's net rentable area is 15,000 square feet. This fee-simple ownership opportunity is ready for its next chapter. The property's convenient location and unique features make it an attractive option for a wide range of businesses.

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Longitude

-85.6715

Latitude

42.9952

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments