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    3050 Ivanrest Ave SW Grandville, MI 49418
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    Property profile & analytics

    3050 Ivanrest Ave SW Grandville, MI 49418


    • Medical Office Space
    • 12,250 SF
    • 1.89 lot acres
    Medical/Dental Investment Property For Sale For Sale
    $1,378,125
    12,250 SF

    Medical/Dental Investment Property For Sale

    Medical/dental investment property with ample parking and highway access.

    3050 Ivanrest Ave SW, Grandville, MI 49418
    View Listing
    Property ID
    US43-1795891
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 3050 Ivanrest Ave SW

    Year built
    1988
    Lot size
    1.89 lot acres
    Property size
    12,250 SF
    Zone code
    OS-1
    Property type
    Medical Office Space
    Property subtype
    Medical space
    APN
    41-17-16-155-003
    APU
    411716155003

    Description

    This exceptional 12,250 square foot medical office building presents a compelling investment opportunity in Grandville, Michigan. Located at 3050 Ivanrest Ave SW, this single-building property sits on a 1.89-acre lot (APN: 41-17-16-155-003) and boasts a desirable 7.12% cap rate. Built in 1988, the building features an attractive atrium entrance, ample parking, and prominent monument signage. The property is currently offered for sale by owner at $1,531,250 ($125/sq ft) and is configured as a multi-tenant building with a gross lease structure. One suite, previously used as an optometry office, is available and includes existing plumbing. The building enjoys a prime location with convenient highway access and nearby shopping amenities. The professional atmosphere is further enhanced by the presence of neighboring dental and podiatry practices. This presents a rare opportunity to acquire a well-located, high-performing medical office building in a thriving market. The property's strong tenant base and attractive features make it an ideal investment for owner-users or investors seeking a stable, high-yield asset.


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    Location Insight

    • Map
    • Local Demand
    City
    Grandville
    County
    Kent
    State
    Michigan
    Longitude
    -85.7431
    Latitude
    42.9087
    CBSA code
    24340
    CBSA name
    GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $30,989
    $0.00
    $0.00
    $777,500
    -
    $0.00
    $0.00
    $1,555,000
    View Listing
    More about this property
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