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1151 E Paris Ave SE 10,035 SF 11% Leased Office Building Grand Rapids, MI 49546 $3,450,000 ($343.80/SF)

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INVESTMENT HIGHLIGHTS

  • Great Location on East Paris Ave.
  • New Roof 2023
  • Basement Storage

EXECUTIVE SUMMARY

High End Dental / Medical Building available in the prime, high-traffic East Paris Corridor with ample parking and easy accessibility for convenience. Ideal for owner/investor seeking stable cash flow with value-added potential, or for medical professionals looking to occupy and grow within a prestigious setting.
Total building is 10,035 SF, has basement for storage, a new roof in 2023 and parking lot was replaced in 2021
Medical tenant in suite 200 has a lease through March of 2030. Monthly base rent is $9,842.03
Suite 100 is a former dental office suite that is currently listed for lease so would be an additional income opportunity. The suite can also be owner occupied.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,035 SF
Building Class
B
Year Built
2004
Price
$3,450,000
Price Per SF
$343.80
Percent Leased
11%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,035 SF
Building FAR
0.19
Lot Size
1.24 AC
Zoning
OR-PUD - Office-Residential Planned Unit Development
Parking
31 Spaces (3.09 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
  • Central Heating
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 4,450 SF
  • Office/Medical
  • Full Build-Out
  • Now

Dental / Medical Suite available in the high-traffic East Paris Corridor. This beautifully appointed space features multiple exam rooms equipped for modern medical / dental practices, along with private offices, a conference room and a well laid out work area. The spacious reception and waiting areas are inviting and well-lit. The property is strategically located with ample parking and easy accessibility for convenience.

Space Size Space Use Condition Available
1st Fl-Ste 100 4,450 SF Office/Medical Full Build-Out Now

1st Fl-Ste 100

Size
4,450 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 4,450 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Dental / Medical Suite available in the high-traffic East Paris Corridor. This beautifully appointed space features multiple exam rooms equipped for modern medical / dental practices, along with private offices, a conference room and a well laid out work area. The spacious reception and waiting areas are inviting and well-lit. The property is strategically located with ample parking and easy accessibility for convenience.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-14-35-480-010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$991,800
  • Listing ID: 35947181

  • Date on Market: 5/22/2025

  • Last Updated:

  • Address: 1151 E Paris Ave SE, Grand Rapids, MI 49546

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