1035 Godfrey AveGrand Rapids, MI 49503

  • Commercial real estate
  • 80,007 SF
For Lease
$9.50/SF/YR View listing

Property Details for 1035 Godfrey Ave

Year built
1968
Lot size
2.34 AC
Property size (Sq ft)
80,007 SF
Zone code
SD-IT
Property type
Commercial real estate
APN
41-13-36-306-002
APU
411336306002

Description

This exceptional Grand Rapids property at 1035 Godfrey Ave SW offers a unique blend of executive office and warehouse space, totaling 9,304 square feet. Currently, 4,304 square feet of versatile space is available for lease within a single suite. The building boasts an impressive 18-foot ceiling height, ideal for various industrial uses, and features twelve convenient drive-in bays for efficient loading and unloading. The property is zoned commercial and situated in Kent County, Michigan, with the APN 41-13-36-306-002. Its prime location just south of the revitalized Roberto Clemente Park places it in a thriving area experiencing significant growth. The property's adjacency to the Factory Yard Lofts Development, a project adding over 450 apartments, promises increased foot traffic and a vibrant surrounding community. The available suite features an open office plan, complete with several individual offices and a fully equipped kitchen, providing a comfortable and functional workspace. This is a rare opportunity to secure a well-located, versatile property in a rapidly developing area of Grand Rapids, offering significant potential for businesses seeking both office and warehouse functionality. The property is located in an opportunity zone, offering potential tax advantages. The zip code is 49503.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,725,933
    Hospitality
    $15,320,865
    Educational
    $12,746,780
    Medical
    $13,185,161
    Retail
    $19,828,324
1035 Godfrey Ave, Grand Rapids, Michigan

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.944
Longitude
-85.685
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
$15,539
-
-
$1,022,700
-
-
-
$2,045,400

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