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Property summary
Watermark Office Center, located at 1595 Galbraith Ave SE in Grand Rapids, Michigan, offers a diverse range of office spaces ideal for businesses of all sizes. This single-story, Class B building totaling 1,775 square feet provides a flexible workspace solution. Currently, there are 9,891 square feet available for lease, divisible into units ranging from a minimum of 776 square feet to a maximum contiguous space of 3,892 square feet. The property is zoned PUD (Planned Unit Development), offering potential for various business configurations. The building's design caters to diverse needs, encompassing executive office suites, coworking spaces, and creative office layouts. Situated in Kent County, with easy access via Galbraith Ave SE, this location provides convenient access to Grand Rapids' amenities and transportation networks. The property's single-story design ensures ease of navigation and accessibility. This is an excellent opportunity to secure modern, adaptable office space in a thriving Grand Rapids location. The available space is perfect for businesses seeking a flexible and functional workspace. Inquire today to learn more about leasing options and explore the possibilities this property offers.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Theater & Performing Art Venue Vocational School
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Advertising Agency Marketing & Advertising
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Theater & Performing Art Venue Training Center
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Charitable Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
PUD · Grand Rapids, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PUD in Grand Rapids, MI.
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Find the owner behind the property.
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