2306 Camelot Rdg SE Ct Grand Rapids, MI 49546-2434
- Commercial real estate
- 15,650 SF
- 4.64 lot acres
Feb 20, 2020
Current Use by Public Records
- Gymco / Gym & Fitness Center
- Little Space Photos / Photography Service / (Bike/Boat/Book/etc) Store
- Gymco Discovery Preschool / High School / Daycare Center
- Trusted Rides / Association / Organization
Property Details for 2306 Camelot Rdg SE Ct
- Year built
- 2002
- Lot size
- 4.64 lot acres
- Property size
- 15,650 SF
- Zone code
- R1-C
- Property type
- Commercial real estate
- APN
- 41-18-12-101-052
- APU
- 411812101052
Description
This exceptional 15,650-square-foot commercial building, situated on a spacious 4.64-acre lot in Grand Rapids, Michigan, presents a remarkable investment opportunity. Built in 2002, this single-story Class B office building boasts a prime location with high-profile signage on heavily traveled East Paris Avenue, ensuring excellent visibility and accessibility. The property features a versatile layout suitable for various uses, including creative office, traditional office, and retail, as reflected in its C-2 Commercial zoning. Currently vacant, the building offers a blank canvas for customization, with existing features including office space, a conference room, a break room, a large open area with two drive-in doors, and full air conditioning. The pre-engineered steel construction ensures durability and longevity. The ample parking and expansive lot size provide room for future expansion. The asking price is $1,950,000, translating to $124.60 per square foot. The lease type is NNN, and the property is offered as a single tenancy. The seller is open to negotiating tenant improvements. This property offers a unique blend of functionality, location, and potential, making it an ideal investment for discerning buyers seeking a versatile and well-positioned commercial space.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,472,000
- AI Estimate
- $1,472,000
Market price range: $1.14M - $3.07MMarket price range: $1.14M - $3.07M
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Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.5655
- Latitude
- 42.9216
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA