345 State StGrand Rapids, MI 49503

Property Details for 345 State St

Year built

1956

Lot size

0.46 AC

Property size (Sq ft)

52,030 SF

Zone code

TN-TCC

Property type

Commercial real estate

APN

41-14-30-331-006

APU

411430331006

Description

This exceptional mixed-use retail property, located at 345 State Street SE in Grand Rapids, Michigan, presents a unique investment opportunity. The building, constructed in 1956 and extensively renovated in 2019, boasts a total of 52,030 square feet across four stories. Currently, 2,700 square feet of retail space is available for lease within this single-tenant building situated on a 0.46-acre lot. The property's prime location in the Historical Heritage Hill District offers a blend of vibrant city life and the tranquility of downtown living, with convenient access to numerous amenities and the heart of Grand Rapids. The mid-century modern design features updated finishes, reflecting the building's rich history. Its strategic position along State Street ensures high visibility and strong foot and vehicle traffic. The zoning designation is TN-TCC, and the APN is 41-13-30-331-006. Parking is available via both garage and street options. Ideal for a café, restaurant, coffee shop, gift shop, general retail use, or professional office space, this versatile property offers significant potential for a variety of businesses. This is a rare opportunity to acquire a well-maintained, historically significant property in a thriving downtown location. The Kent County location and 49503 zip code add to its desirability. Don't miss this chance to secure a piece of Grand Rapids' vibrant commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $10,877,177

  Hospitality

  $9,963,436

  Educational

  $8,289,462

  Medical

  $8,574,549

  Retail

  $12,894,718

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Latitude

42.9601

Longitude

-85.66

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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