5222 33Rd StGrand Rapids, MI 49512
- Commercial real estate
- 58,635 SF
Property Details for 5222 33Rd St
- Year built
- 1987
- Lot size
- 4.68 AC
- Property size (Sq ft)
- 58,635 SF
- Zone code
- TI
- Property type
- Commercial real estate
- APN
- 41-19-18-451-012
- APU
- 411918451012
Description
This exceptional 58,635-square-foot office and industrial property, located in Kent County's Airport District-GRR submarket, offers a unique opportunity. Currently, 20,799 square feet of flexible space is immediately available, perfect for executive offices, R&D, or mixed-use operations. The building boasts a highly visible corner location with convenient access to I-96, M-6, Gerald R. Ford International Airport, and the 28th Street retail corridor. The available space features a predominantly open floor plan with 18-foot ceilings, LED lighting, and floor-to-ceiling windows. Lease terms include exclusive use of a conference room and an oversized overhead door, plus shared access to a secure lobby, employee kitchen, conference/training room, restrooms, and a delivery dock. For a five-year lease or longer, the landlord will renovate the space to move-in ready condition, including new flooring, lighting, and paint. Additionally, up to 27,402 square feet of immediately available warehouse space can be combined with the office space. An additional 9,097 square feet of warehouse space will become available August 1, 2025. This single-story, Class B building sits on a 4.68-acre lot and is zoned TI. 11,702 square feet of office space will be available January 1, 2025. This property presents a compelling investment opportunity in a prime location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,198,547
- Hospitality
- $3,845,846
- Educational
- $3,199,699
- Medical
- $3,309,742
- Retail
- $4,977,310
Location Insight
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Latitude
- 42.9025
- Longitude
- -85.5385
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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