1555 44th St SW | Grand Rapids, MI 49509
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- LoopNet Team
1555 44th St SW
Grand Rapids, MI 49509
Office Property For Sale
Investment Highlights
- Attractive Cap Rate: 10.75% capitalization rate, offering a competitive return on investment.
- Modern and well-maintained building, reflecting a professional and upscale image.
- Prime Location: Situated in a thriving medical corridor, offering excellent visibility.
- Originally built in 1992 and thoughtfully remodeled in 2020.
- Strong Tenant: Grand Rapids Ear, Nose, and Throat is a well-established and reputable medical practice.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
9,466 SF
Building Class
B
Year Built/Renovated
1980/2020
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,466 SF
Slab To Slab
10’
Building FAR
0.19
Lot Size
1.16 AC
Zoning
Commercial - Commercial Zoned District
Parking
66 Spaces (8.33 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Central Heating
- Air Conditioning
Property Taxes
| Parcel Number | 41-17-23-355-042 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $438,000 |
Property Taxes
Parcel Number
41-17-23-355-042
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$438,000
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