824 Lake Michigan DrGrand Rapids, MI 49504

Property Details for 824 Lake Michigan Dr

Year built

1923

Lot size

0.31 AC

Property size (Sq ft)

10,455 SF

Zone code

TN-TBA

Property type

Commercial real estate

APN

41-13-26-279-001

APU

411326279001

Description

This unique mixed-use property at 824 Lake Michigan Drive NW in Grand Rapids, Michigan, presents a compelling redevelopment opportunity. The 10,455 square foot building, constructed in 1923, sits on a 0.31-acre corner lot and is classified as a Class B property. Currently operating at 60% occupancy, the building features one loading dock and ceiling heights ranging from 9 to 14 feet. The property's versatile design includes three large apartments on the upper floors and open commercial/industrial/retail space on the lower level. This fee-simple ownership offers significant potential for owner-users seeking a blend of residential and commercial space. The zoning is currently TBA. The asking price is $750,000, translating to $71.74 per square foot. The property's multi-faceted nature, combined with its prime Grand Rapids location in Kent County (zip code 49504), makes it an attractive investment for those seeking a redevelopment project. The building consists of one structure with three stories and four units. Showings are available Monday through Friday, between 10:00 AM and 4:00 PM. This is a rare chance to acquire a substantial property with significant upside potential in a thriving Westside Grand Rapids location.

• Alternative Use

  Use

  Valuation

  Residential

  $2,185,679

  Hospitality

  $2,002,070

  Educational

  $1,665,699

  Medical

  $1,722,985

  Retail

  $2,591,088

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Latitude

42.9659

Longitude

-85.6885

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].