For Sale
$3,960,000

1035 Godfrey Ave Grand Rapids, MI 49503

66,836 SF Warehouse, 2.34 Acres

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional 66,836-square-foot warehouse, situated on a generous 2.34-acre lot in Grand Rapids, Michigan, presents a compelling investment opportunity. Located at 1035 Godfrey Avenue SW, this industrial property boasts a prime location within Kent County, zip code 49503 (APN: 41-13-36-306-002), poised for significant future growth. The property benefits from its strategic placement adjacent to the Factory Yard Lofts Development, a project adding over 450 apartments, and the revitalized Roberto Clemente Park. This synergistic location enhances the property's long-term value and potential. The warehouse currently features several functional leased spaces, providing immediate cash flow for an investor with a long-term vision. This presents a unique opportunity for a buyer with a redevelopment plan in mind, capitalizing on the area's burgeoning growth and the existing income stream. The asking price for this substantial industrial property is $3,960,000. This property offers a blend of immediate return and significant future upside potential in a rapidly developing area. The property's size and location make it ideal for a variety of uses and redevelopment possibilities. Serious inquiries are encouraged.

Property Details for 1035 Godfrey Ave

Property type
Warehouses, Industrial properties
Square Feet
66,836 SF
Lot Size (sq. ft)
101,930 SF

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9439795
Longitude
-85.6847384
1035 Godfrey Ave, Grand Rapids, Michigan

FAQs

What type of property is this?
Warehouse - 66,836 SF Warehouse, 2.34 Acres
Where is the warehouse located?
The property is located at 1035 Godfrey Ave Grand Rapids, MI.
What is the asking price?
The asking price for this property is $3,960,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1035 Godfrey Ave
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