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Executive Summary

1035 Godfrey features approximately 66,836 SF of building on 2.34 acres in a location that is poised for explosive growth in the coming years. Located in an opportunity zone directly adjacent to the Factory Yard Lofts Development which is slated to add over 450 apartments to the area to complement the recently reimagined Roberto Clemente Park. There are several functional spaces which are leased offering a Buyer with significant holding power as a redevelopment is plan is put into place.

Property Facts

Price $3,960,000
Price Per SF $59.25
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.34 AC
Rentable Building Area 66,836 SF
No. Stories 2
Year Built 1968
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 2
Cross Streets Godfrey Ave and Hall Street
Opportunity Zone Yes
Zoning SD-IT - Industrial Zoned District

Amenities

  • Bus Line
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 500-30,000 SF
  • Flex
  • -
  • Now

Flexible lease terms

  • 1st Fl-Ste 16
  • 4,304 SF
  • Office
  • -
  • Now

Open office plan on Godfrey located just South of the recently reimagined Roberto Clemente Park. Located in an opportunity zone directly adjacent to the Factory Yard Lofts Development which is slated to add over 450 apartments to the area. This location comes with several offices and a kitchen. Listed square footage includes the upper-level office space, as well as the lower level finished basement which can be used for storage.

Space Size Space Use Build-Out Available
1st Floor 500-30,000 SF Flex - Now
1st Fl-Ste 16 4,304 SF Office - Now

1st Floor

Size
500-30,000 SF
Space Use
Flex
Build-Out
-
Available
Now

1st Fl-Ste 16

Size
4,304 SF
Space Use
Office
Build-Out
-
Available
Now

1st Floor

Size 500-30,000 SF
Space Use Flex
Build-Out -
Available Now

Flexible lease terms

1st Fl-Ste 16

Size 4,304 SF
Space Use Office
Build-Out -
Available Now

Open office plan on Godfrey located just South of the recently reimagined Roberto Clemente Park. Located in an opportunity zone directly adjacent to the Factory Yard Lofts Development which is slated to add over 450 apartments to the area. This location comes with several offices and a kitchen. Listed square footage includes the upper-level office space, as well as the lower level finished basement which can be used for storage.

Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
41-13-36-306-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,080,800
  • Listing ID: 28837799

  • Date on Market: 6/23/2023

  • Last Updated:

  • Address: 1035 Godfrey Ave SW, Grand Rapids, MI 49503

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