601 5Th StGrand Rapids, MI 49504

  • Commercial real estate
  • 62,577 SF
For Lease
$18.50/SF/YR View listing

Property Details for 601 5Th St

Year built
1880
Lot size
0.29 AC
Property size (Sq ft)
62,577 SF
Zone code
TN-TCC
Property type
Commercial real estate
APN
41-13-24-308-005
APU
411324308005

Description

This exceptional Grand Rapids office building, the North Widdicomb, offers 3,037 to 4,637 square feet of immediately available space, perfect for businesses seeking a prestigious address in the Northwest Business District. Located at 601 5th St NW, this five-story building boasts a total of 62,577 square feet and sits on a 0.29-acre lot in Kent County, Michigan (zip code 49504). The building features two available suites, one on the third floor and one on the fourth floor, each providing open workspaces, convenient kitchenettes, and private meeting rooms ideal for collaborative work and client interactions. A recent extensive renovation has modernized common areas while thoughtfully preserving the building's original character, showcasing exposed brick and beams. The North Widdicomb Building provides the best of both worlds: modern amenities and historic charm. Enjoy the convenience of free on-site parking, and benefit from the building's proximity to downtown Grand Rapids and the west side, offering easy access to a variety of amenities and a highly walkable environment. This property is categorized as both Executive Office and Coworking space, making it suitable for a variety of business needs and sizes. The building consists of one structure and currently has 3,037 square feet of vacant space available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,082,089
    Hospitality
    $11,983,124
    Educational
    $9,969,818
    Medical
    $10,312,695
    Retail
    $15,508,606
601 5Th St, Grand Rapids, Michigan

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9764
Longitude
-85.6832
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$69,072
-
-
$1,691,100
-
-
-
$3,382,200

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