For Sale
$2,650,000

542 Chavez Ave Sw Grand Rpd Grand Rapids, MI 49503

50,710 SF, Multi-Tenant, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
131
Exceptional investment opportunity in Grand Rapids, MI, encompassing 1.76 acres with frontage on three streets: Cesar Chavez, Pleasant, and Grant. This portfolio consists of two buildings totaling 50,710 square feet. Building 1, a 38,230 square foot multi-tenant industrial structure, offers significant potential. Building 2, a recently updated 12,480 square foot mixed-use building, adds versatility. The property also includes three vacant land lots, presenting prime redevelopment opportunities. Its strategic location on the outskirts of downtown Grand Rapids, in Kent County, provides excellent access and visibility. The asking price for this unique portfolio is $2,650,000. This is a rare chance to acquire a substantial industrial holding with significant upside potential, ideal for investors seeking a multi-faceted project with strong redevelopment prospects. The property is located at 542, 570, 600, 602, and 606 Cesar E. Chavez Ave SW, Grand Rapids, MI 49503.

Highlights

  • Exceptional redevelopment opportunity in Grand Rapids, MI.
  • 1.76-acre site with triple street frontage on Cesar Chavez, Pleasant, and Grant Avenues.
  • Two-building portfolio totaling 50,710 square feet; includes a 38,230 SF multi-tenant industrial building and a 12,480 SF recently updated mixed-use building.
  • Prime downtown Grand Rapids location in Kent County.

Property Details for 542 Chavez Ave Sw Grand Rpd

Property type
Warehouses, Industrial properties
Square Feet
50,710 SF
Buildings
2

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.953153474619
Longitude
-85.676205947249
542 Chavez Ave Sw Grand Rpd, Grand Rapids, Michigan

FAQs

What type of property is this?
Warehouse - 50,710 SF, Multi-Tenant, Redevelopment Potential
Where is the warehouse located?
The property is located at 542 Chavez Ave Sw Grand Rpd Grand Rapids, MI.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Exceptional redevelopment opportunity in Grand Rapids, MI.; 1.76-acre site with triple street frontage on Cesar Chavez, Pleasant, and Grant Avenues.; Two-building portfolio totaling 50,710 square feet; includes a 38,230 SF multi-tenant industrial building and a 12,480 SF recently updated mixed-use building.
How can I contact the broker?
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542 Chavez Ave Sw Grand Rpd
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