For Sale
$4,650,000

695 Kenmoor Ave Grand Rapids, MI 49546

Class A Office, 29,470 SF, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A executive office building, totaling 29,470 square feet, is strategically located in Grand Rapids, Michigan's Cascade area, boasting high visibility from I-96 thanks to prominent building signage. The property, constructed in 1987 and situated on a 2.073-acre lot, features two stories and offers a generous 124 parking spaces (a 4.28 spaces per 1,000 SF ratio). Currently, the building has 22% occupancy, with approximately 6,400 square feet occupied on the first floor by an existing tenant. The remaining space presents a unique opportunity: 14,735 square feet are available on the second floor, and 8,331 square feet on the first floor, ideal for an owner-user seeking significant space. Alternatively, the building's layout allows for division into smaller spaces to accommodate multiple tenants. The property benefits from a recently updated roof and mechanical systems, reflecting a commitment to excellent building maintenance. The asking price is $4,650,000, with a price per square foot of $157.79. The property is zoned O-PUD and is offered as a Triple Net (NNN) lease.

Highlights

  • High-visibility Cascade location with I-96 signage.
  • 29,470 SF office building with 14,735 SF on the second floor and 8,331 SF on the first floor available for owner-occupancy or division into smaller spaces.
  • Approximately 6,400 SF currently leased on the first floor.
  • Building features a newer roof and mechanical systems and is well-maintained.
  • Ample parking with a 4.28 spaces per 1,000 SF ratio.

Property Details for 695 Kenmoor Ave

Property type
Office properties
Square Feet
29,470 SF
Class
A
Year Built
1987
Buildings
1
Stories
2

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9498368
Longitude
-85.5657932

FAQs

What type of property is this?
Office property - Class A Office, 29,470 SF, High Visibility
Where is the office property located?
The property is located at 695 Kenmoor Ave Grand Rapids, MI.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: High-visibility Cascade location with I-96 signage.; 29,470 SF office building with 14,735 SF on the second floor and 8,331 SF on the first floor available for owner-occupancy or division into smaller spaces.; Approximately 6,400 SF currently leased on the first floor.
How can I contact the broker?
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695 Kenmoor Ave
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