Property profile

4147 Eastern Ave SE Grand Rapids, MI 49548

FOR LEASE
Commercial real estate
Property ID
US43-1152713
101,916 SF 11.11 ac lot Built 1963
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 97,167 square foot Class B office building, located at 4147 Eastern Ave SE in Wyoming, Kent County, presents a unique investment opportunity. Built in 1963 and extensively renovated in 2014, this two-story structure sits on an expansive 11.11-acre lot (APN: 41-18-19-426-011). Currently offering 97,713 square feet of vacant space, the property is ideally suited for multiple tenants. Flexible floor plans allow for spaces ranging from a minimum of 20,000 square feet to a maximum contiguous space of 49,113 square feet, catering to a variety of business needs. The building's previous configuration as a data/call center demonstrates its adaptability, making it suitable for diverse office users. Amenities include well-designed office space featuring open areas, private offices, and conference rooms, enhancing productivity and collaboration. On-site conveniences include a fitness center and a small market for employees' grab-and-go needs. This property offers a compelling blend of established infrastructure and modern amenities, making it an attractive option for businesses seeking a prominent location in Wyoming. The significant vacant space presents a rare opportunity for a substantial tenant or a portfolio of smaller tenants.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Total area 101,916 SF
Lot 11.11 ac (483,952 SF)
Zoning code I1
APN 41-18-19-426-011
UPID US43-1152713

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Production Facility

Location

4147 Eastern Ave SE Grand Rapids, MI 49548
Grand Rapids metro Census 14200 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.59M
Blend (final) Blend
$6.59M

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2019
Price N/A
2015
Price N/A
2010
Price N/A
2006
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Wyoming, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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