1739 Elizabeth Ave NW

Industrial for Sale
Catylist Listing ID: 30499051
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 29,624 SF
Gross Building Area: See Agent
Gross Land Area: 1.69 Acres
Sale Price: $1,249,000
Unit Price: $42.16 PSF
Ceiling: 16 ft. Clear
Docks/Doors: 1 Dock, 2 Doors
Office SF: 6,531 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2020

Overview / Comments

The property that is located at 1739 Elizabeth Ave NW has recently been updated to include modern offices, new concrete floors through a major portion of the facility and updated power capabilities. The facility would suit a wide variety of users in that it has a few separate sections for multiple operations as well as areas that could be used for outdoor storage.
Facilities of this size located this close to Downtown and US-131 are rare and this facility will not last long.


Finance Data Year 2019
Real Estate Taxes - Annual($) $10,497 (Annual)
Assessed Value - Total($) $237,300 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 3 Mile Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-13-176-003
Property Located Between: Richmond Street NW and Ann Street NW and Turner Ave NW and Alpine Ave NW
Highway Access: 0.92 Miles to US-131
Airports: Gerald R. Ford International Airport
Tenancy: Single Tenant
Property Condition: Average
Year Built: 1925
Year Renovated: 2016
Construction/Siding: Brick, Steel Frame
Parking Type: Surface
Parking Description: On Site
Overhead Cranes: Undisclosed
Volts: 480
X-Phase: 3 Phase
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,401 111,098 232,030
Median Age: 29.71 32.87 33.73
Households: 4,927 45,235 88,896
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.