420 Stocking AveGrand Rapids, MI 49504

  • Commercial real estate
  • 9,505 SF
For Lease
$19/SF/YR View listing

Property Details for 420 Stocking Ave

Lot size
0.55 AC
Property size (Sq ft)
9,505 SF
Zone code
TN-TCC
Property type
Commercial real estate
APN
41-13-24-365-001
APU
411324365001

Description

This exceptional 7,423-square-foot retail space is available for lease at 420 Stocking Ave NW in Grand Rapids, Michigan, within Kent County. The property, identified as Stockbridge Retail, is a single-building, multi-tenant property offering a minimum divisible space of 1,149 square feet and a maximum contiguous space of 1,961 square feet. Currently, the entire 7,423 square feet is vacant, presenting a unique opportunity for a single tenant or multiple tenants to occupy this prime location. The property's classification includes both retail and mixed-use components, offering flexibility for a variety of businesses. Its strategic location just off the vibrant Bridge Street corridor provides excellent visibility and accessibility. The property's adjacency to the Hendrik mixed-use building, anchored by the Bridge Street Market (a Downtown Meijer), ensures high foot traffic and a strong customer base. Potential uses for this space are diverse, including, but not limited to, a dental office, insurance agency, or cellular phone retail store. This space offers a significant opportunity to serve the neighborhood's commercial and residential communities. The property's zip code is 49504.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,987,076
    Hospitality
    $1,820,151
    Educational
    $1,514,344
    Medical
    $1,566,425
    Retail
    $2,355,647

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9715
Longitude
-85.6843
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
$23,156
-
-
$488,800
-
-
-
$977,600

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