2306 Camelot Rdg SE Ct Grand Rapids, MI 49546-2434
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.
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Gymco Gym & Fitness Center
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Little Space Photos Photography Service (Bike/Boat/Book/etc) Store
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Gymco Discovery Preschool High School Daycare Center
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Trusted Rides Association / Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1-C · Grand Rapids, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.