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    FOR LEASE
    Office buildings

    3737 Lake Eastbrook Blvd SE, Grand Rapids, MI 49546

    14,752 SF 1.76 ac lot Built 1972
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-1970352
    Property summary
    AI-generated overview

    This exceptional two-story office building, located at 3737 Lake Eastbrook Blvd SE in Grand Rapids, Michigan, offers a unique opportunity for businesses seeking executive office space. The 14,752 square foot building sits on a 1.76-acre lot (76,645 sq ft) and boasts a Class C rating. Built in 1965, the property features a desirable waterfront location, providing a tranquil and professional atmosphere. Currently, there are multiple tenancies available, with a minimum divisible space of 118 square feet and a maximum contiguous space of 282 square feet. A total of 580 square feet is currently vacant and ready for immediate occupancy. The building offers 9-foot ceilings and convenient access to The Shops at Centerpoint. Ample on-site parking and proximity to public transportation ensure easy accessibility for employees and clients. The property is zoned SR and its Kent County location within the 28th Street Southeast submarket provides excellent visibility and connectivity. The building's address is 41-18-11-401-014 (APN). Flexible lease terms are available, making this an ideal location for businesses of various sizes and needs. This is a rare opportunity to secure high-quality office space in a sought-after Grand Rapids location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1972
    Total area 14,752 SF
    Lot 1.76 ac (76,578 SF)
    Zoning code SD-NOS
    APN 41-18-11-401-030
    UPID US43-1970352
    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
    • Luxur'E Beauty Medical Clinic Skin Care Clinic
    • Team Healthy Hair Hair Salon
    • Construction Staffing Solutions Inc Employment Agency
    • Rival Beauty LLC Hair Salon
    • The Watchmaker (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $718k
    Blend (final) Blend
    $720k
    Owner & transaction history
    City Of Grand Rapids · 5 yrs held
    City Of Grand Rapids
    since 2021
    Last sale
    $8,832
    1 recorded transaction
    2021
    $8,832
    Zoning & alternative use
    SD-NOS · Grand Rapids, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.2M +6.0%
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    More about this property
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