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1525 E Beltline Ave NE 30,810 SF 71% Leased Office Building Grand Rapids, MI 49525 $4,490,000 ($145.73/SF)

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EXECUTIVE SUMMARY

Class A, 8,900 SF Move-in ready, Remodeled, Medical suite with 13 exam rooms, large waiting room, open admin area, doctors’ offices, two conference rooms, 4 restrooms, including two large procedure rooms with back-up power, lead lined walls, and recovery area. The medical suite has additional 4,500 SF Lower Level employee lockers and restrooms, open administrative area, 7 private offices including
doctor’s offices with private restroom, break room/kitchenette, and mechanical rooms. The building is listed for Sale or Lease.
The remainder of the property is a fully occupied medical building with a private physician, general dentist, periodontist, and private counseling practice. Rent roll and expenses available upon signing a confidentiality agreement.
The medical building is located near the popular Knapp’s Corner with close proximity to shopping with anchors like Meijer, D&W, Celebration Cinema, Aldi’s, Starbucks, Wendy’s, PF Changs, HopCat, Applebee’s, Morning Bell, and more restaurants. Retail includes TJ Maxx, Old Navy, Ulta, Bath & Body, Five Below and more retail.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
30,810 SF
Building Class
B
Year Built
2001
Price
$4,490,000
Price Per SF
$145.73
Percent Leased
71%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,405 SF
Slab To Slab
11’
Building FAR
0.21
Lot Size
3.37 AC
Zoning
OR-PUD - Planned Unit Development
Parking
148 Spaces (4.8 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 5,504 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Fl-Ste 101
  • 3,483 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 5,504 SF Office Full Build-Out Now
1st Fl-Ste 101 3,483 SF Office Full Build-Out Now

1st Fl-Ste 100

Size
5,504 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 101

Size
3,483 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 5,504 SF
Space Use Office
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-14-15-426-055
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,884,000
  • Listing ID: 31761814

  • Date on Market: 5/10/2024

  • Last Updated:

  • Address: 1525 E Beltline Ave NE, Grand Rapids, MI 49525

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