Grand Rapids, MI Specialty Properties for Sale

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Belmont, MI Comstock Park, MI Ada, MI

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Updated: Dec 14, 2021

Renovated Retail/Office Building Near Kellogg's

311 28th St SE, Grand Rapids, MI 49548

$750,000

3,900 sqft

Renovated in late 2017 with interior brought to a white box.
Divisible into two or three units as small as 1300 SF.
Located across the street from Kellogg's production campus.
Offers open floor plan potential and good clear heights.
Features an overhead door on the west end of the building.

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This listing looks promising.

Here's a quick look at some key insights for

311 28th St SE, Grand Rapids, MI 49548

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Est. Cap Rate

7.5%
Above avg (5.9%)
Est. NOI

$57K
Annual
Mortgage

$777K
Recorded
Last Sold

Aug 2017
$319K
Property Type

Commercial (General)
Built 2002

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Updated: Jun 15

Move-In-Ready Worship Facility

127 Meerse Street SE, Grand Rapids, MI 49507

$199,500

1,715 sqft · 0.46 AC lot

Move‑in‑ready house of worship on a 0.46‑acre wooded parcel in established Southeast Grand Rapids
Year built 1922 with classic church character including gabled white facade and arched stained‑glass windows
Blue double‑door entry served by both a center stair and an ADA‑accessible ramp
Forced‑air heating and broadband available
Cable available

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Fulton Street Business District Opportunity

935 & 939 Fulton Street E, Grand Rapids, MI 49503

$1,200,000

10,000 sqft · 0.61 AC lot

Corner lot with existing buildings and development potential.

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Turnkey Smoke Shop Retail Space

1321 Fulton Street E, Grand Rapids, MI 49503

$349,900

1,122 sqft

Turnkey storefront with prominent street frontage and included beer and wine license on a triple-net lease.

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Purpose-Built Childcare Facility

3280 GRAND RIDGE DR NE, Grand Rapids, MI 49525

$3,333,000

10,000 sqft · 1.10 AC lot

Single-tenant net-leased childcare property designed for early education operations in a residential retail corridor.

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Prime Real Estate on 28th Street

610 28th Street SE, Grand Rapids, MI 49548

$800,000

6,877 sqft

6,800+ SF property with high visibility and easy access.

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Versatile Commercial Space, Great Location

610 Benjamin Ave SE, Grand Rapids, MI 49506

$219,900

Adaptable commercial building near Eastown and East Grand Rapids.

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Grand Rapids Automotive Investment Opportunity

4329 Plainfield Ave NE, Grand Rapids, MI 49525

$3,370,000

5,810 sqft

Net leased automotive property with long-term corporate lease.

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Move-In-Ready Worship Facility

127 Meerse Street SE, Grand Rapids, MI 49507

$199,500

1,715 sqft · 0.46 AC lot

Move-in-ready church building with arched stained-glass windows and ADA-accessible ramp on a wooded parcel.

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Grand Rapids Specialty Property

55 28th St SW, Grand Rapids, MI 49548

$2,400,000

Specialty property available for sale in Grand Rapids, Michigan.

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Restaurant Opportunity on Division Avenue

2662 Division Avenue S, Grand Rapids, MI 49507

$800,000

Restaurant property for sale, accessible from HWY 131.

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Grand Rapids Specialty Property

440 32nd St SW, Grand Rapids, MI 49548

Contact for pricing

65,000 sqft

65,000 square foot specialty property in Grand Rapids.

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Grand Rapids Commercial Property Opportunity

601 3rd Street NW, Grand Rapids, MI 55940

Contact for pricing

28,684 sqft

West Michigan property in growing Grand Rapids metropolitan area.

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Division Avenue Commercial Building For Sale

1001 Division Ave S, Grand Rapids, MI 49507

$825,000

0.50 AC lot

Renovated commercial building with ample parking and high-traffic frontage.

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Parking Lot and Events Site

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000

7,316 sqft · 0.32 AC lot

City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

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Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 15 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lowell Multi-Use Facility For Sale

404 N Hudson Street SE, Lowell, MI 49331

$299,999

8,321 sqft · 0.60 AC lot

Versatile property with sanctuary, classrooms, and ample parking.

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Renovated Multifamily Property in Holland

1041 Abbey Court, Holland, MI 49423

$925,000

0.50 AC lot

Turnkey multifamily property with updated units in Holland, Michigan.

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Multi-Use Facility in Lowell

404 N Hudson St SE, Lowell, MI 49331

$299,999

0.60 AC lot

Versatile property with parking, classrooms, and updated features.

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NNN Retail Property For Sale

3176 W Shore Dr, Holland, MI

$2,738,000

3,378 sqft · 1.00 AC lot

Long-term NNN lease with zero landlord responsibilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Undeveloped Land in Weare Township

3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

$360,000

25.74 AC lot

25.74 acres of commercially zoned land near expressway.

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Waterfront Land Ready to Build

846 South Lakeshore Drive, Ludington, MI 49431

$249,500

0.30 AC lot

Build-ready lot with marina access near Lake Michigan.

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Ludington Land: Residential & Commercial

1010 N Rath, Ludington, MI 49431

$920,000

1.45 AC lot

Platted city lots near Lake Michigan with residential/commercial potential.

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Ludington Land with Development Potential

1010 N Rath, Ludington, MI 49431

$920,000

1.45 AC lot

Platted city lots near Lake Michigan with residential/commercial possibilities.

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Off-Market Properties in Grand Rapids, MI

Consider similar Off-Market properties in Grand Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

KENNEL

435 Lk Michigan NW Dr, Grand Rapids, MI 49534

Value Estimation by Request

4,000 sqft · 0.67 AC lot

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DAY CARE, PRE-SCHOOL

53 Lk Michigan NW Dr, Grand Rapids, MI 49534

Value Estimation by Request

12,612 sqft · 1.65 AC lot

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PROFESSIONAL CLUBS/ASSOCIATIONS

634 Stocking NW Ave, Grand Rapids, MI 49504-5119

Value Estimation by Request

5,457 sqft · 0.14 AC lot

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CREMATORIUM, MORTUARY

851 Leonard NW St, Grand Rapids, MI 49504-4147

$1,200,000

Estimated value

11,742 sqft · 0.74 AC lot

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PROFESSIONAL CLUBS/ASSOCIATIONS

2555 4th Mile NW Rd, Grand Rapids, MI 49544-9430

$1,570,000

Estimated value

16,744 sqft · 213.86 AC lot

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COLLEGE, UNIVERSITY, VOC SCHOOL

3940 Fruit Rdg NW Ave, Grand Rapids, MI 49544-9711

Value Estimation by Request

4,496 sqft · 4.77 AC lot

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DAY CARE, PRE-SCHOOL

11260 8th NW Ave, Grand Rapids, MI 49534-3383

Value Estimation by Request

5,568 sqft · 1.52 AC lot

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PROFESSIONAL CLUBS/ASSOCIATIONS

6148 Division S Ave, Grand Rapids, MI 49548-6771

Value Estimation by Request

3,328 sqft · 19.28 AC lot

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Churches & religious facilities

525 Cheshire Dr, Grand Rapids, MI 49505

Value Estimation by Request

30,000 sqft

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Grand Rapids, MI Specialty Properties Market Trends and Statistics

Explore 26 specialty properties for sale in Grand Rapids, MI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 48,455 square feet of properties for sale, with an estimated market value of $11,676,900.

Sale prices for properties in Grand Rapids, MI start at $199,500, averaging $1,297,433, and reaching up to $3,370,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 434K

Population Growth (5Y) +2.4%

Median Household Income $74,271

College Educated 24.5%

High-Yield Neighborhoods for Investment

Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49506	$219.9K
49507	$506K
49548	$1.3M
49503	$1.3M
49504	$1.5M

Taxes & Financing

Tax Rate (average for all types) 3.15%

Property Tax per SF $44.85 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kent County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

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Grand Rapids, MI Specialty Properties for Sale

311 28th St SE, Grand Rapids, MI 49548

127 Meerse Street SE, Grand Rapids, MI 49507

935 & 939 Fulton Street E, Grand Rapids, MI 49503

1321 Fulton Street E, Grand Rapids, MI 49503

3280 GRAND RIDGE DR NE, Grand Rapids, MI 49525

610 28th Street SE, Grand Rapids, MI 49548

610 Benjamin Ave SE, Grand Rapids, MI 49506

4329 Plainfield Ave NE, Grand Rapids, MI 49525

127 Meerse Street SE, Grand Rapids, MI 49507

55 28th St SW, Grand Rapids, MI 49548

2662 Division Avenue S, Grand Rapids, MI 49507

440 32nd St SW, Grand Rapids, MI 49548

601 3rd Street NW, Grand Rapids, MI 55940

1001 Division Ave S, Grand Rapids, MI 49507

407 Turner Avenue NW, Grand Rapids, MI 49504

Opportunities in Nearby Cities

404 N Hudson Street SE, Lowell, MI 49331

1041 Abbey Court, Holland, MI 49423

404 N Hudson St SE, Lowell, MI 49331

3176 W Shore Dr, Holland, MI

Potential Development Sites for Consideration

3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

846 South Lakeshore Drive, Ludington, MI 49431

1010 N Rath, Ludington, MI 49431

1010 N Rath, Ludington, MI 49431

Off-Market Properties in Grand Rapids, MI

435 Lk Michigan NW Dr, Grand Rapids, MI 49534

53 Lk Michigan NW Dr, Grand Rapids, MI 49534

634 Stocking NW Ave, Grand Rapids, MI 49504-5119

851 Leonard NW St, Grand Rapids, MI 49504-4147

2555 4th Mile NW Rd, Grand Rapids, MI 49544-9430

3940 Fruit Rdg NW Ave, Grand Rapids, MI 49544-9711

11260 8th NW Ave, Grand Rapids, MI 49534-3383

6148 Division S Ave, Grand Rapids, MI 49548-6771

525 Cheshire Dr, Grand Rapids, MI 49505

Grand Rapids, MI Specialty Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Office

Property Size Breakdown

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