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    OFF-MARKET
    Medical Office Space

    2251 Paris Ave, Grand Rapids, MI 49546

    9,505 SF Built 1999
    Property ID
    US43-1075514
    Property summary
    AI-generated overview

    This exceptional 9,505 square foot Class B medical office building, situated on a 1.18-acre lot in Grand Rapids, Michigan, presents a unique investment opportunity. Built in 1999, the single-tenant property boasts a desirable location within a thriving medical corridor, ensuring high visibility and accessibility. Currently, 3,068 square feet of space is available, offering potential for expansion or immediate occupancy. The building features ample parking, excellent signage opportunities, and easy access for patients and staff. The property is zoned SD-NOS, reflecting its suitability for medical practices. Its strategic location in Kent County, at 2251 E Paris Ave SE, Grand Rapids, MI 49546, provides convenient access to major transportation routes and a dense concentration of medical facilities. The building's single-tenant occupancy simplifies management and offers a stable income stream. This is an ideal opportunity for medical professionals seeking a well-established and highly visible location to establish or expand their practice. The property's size and location make it an attractive investment for both owner-occupiers and investors seeking a strong return on investment in a growing market. The building's solid construction and well-maintained condition further enhance its appeal. Don't miss this chance to acquire a prime medical office building in a highly sought-after area.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1999
    Total area 9,505 SF
    UPID US43-1075514
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Family Tree Therapies Physician
    • Teresa L. Cooper, Msot Physician
    • Kelly Allen Physician
    • Christina Walter Physician
    • Hope Hinken Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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