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Property profile & analytics

616 Fulton W St Grand Rapids, MI 49504-6328

  • Commercial real estate
  • 122,570 SF
  • 1.17 lot acres
OFF-MARKET
Last Sale
Mar 11, 2025
Value Estimations
$11,980,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-2843234
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.

Current Use by Public Records

  • Fulton Place / Apartment Complex
  • VS America / Production Facility / Factory
  • Valo Media | Video Production & Creative / Film Production / Television Studio
  • Midnight Express Cafe / Cafe & Coffee Shop
  • Shift Coffee + Culture / Cafe & Coffee Shop

Property Details for 616 Fulton W St

Year built
2015
Lot size
1.17 lot acres
Property size
122,570 SF
Zone code
TN-TCC
Property type
Commercial real estate
APN
41-13-25-304-036
APU
411325304036

Description

Fulton Place presents a prime retail investment opportunity in Grand Rapids, Kent County. This high-quality, mixed-use building boasts 17,194 square feet of space, offering multiple tenancy options. Two spaces are currently available, ranging from a minimum of 1,307 square feet to a maximum contiguous space of 5,914 square feet. A significant 7,221 square feet is currently vacant, providing flexibility for various business needs. The building features attractive storefront windows and ample exterior signage opportunities, maximizing visibility and brand exposure. Its strategic location directly across from Grand Valley State University ensures high foot traffic and a vibrant customer base. The building is a new construction with 109 residential units located above and adjacent to the retail spaces, creating a built-in customer base and a thriving community atmosphere. The estimated 2024 common area maintenance (CAM) charge is $6.35 per square foot. This is a mid-rise building offering a unique blend of retail and residential space, making it an ideal location for businesses seeking high visibility and a strong local presence in a rapidly growing area. The property's mixed-use nature provides a synergistic environment, fostering a lively and dynamic atmosphere. This is an exceptional opportunity to establish a thriving business in a desirable and well-connected location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $11,977,000
    Market price range: $4.55M - $13.7M
    AI Estimate
    $11,977,000
    Market price range: $4.55M - $13.7M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $9,195,000
    Current use
    RETAIL STORES
    $9,960,000
    Change: +8% Conversion: Easy
    OFFICE BUILDING
    $9,395,000
    Change: +2% Conversion: Easy
    AUTO REPAIR, GARAGE
    $7,595,000
    Change: -17% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.6833
Latitude
42.963
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
$191,286
$0.00
$0.00
$7,464,700
-
$0.00
$0.00
$14,929,400
More about this property
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