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Financial Summary (Actual - 2026)

Annual Annual Per SF
Taxes $42,212 $2.21
Operating Expenses - -
Total Expenses $42,212 $2.21

Financial Summary (Actual - 2026)

Taxes
Annual $42,212
Annual Per SF $2.21
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $42,212
Annual Per SF $2.21

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,120 SF
Building Class
C
Year Built
2001
Price
$1,970,000
Price Per SF
$103.03
Percent Leased
100%
Building Height
3 Stories
Loading Docks
2 Exterior
Building FAR
0.30
Lot Size
1.47 AC
Zoning
Commercial
Parking
40 Spaces (2.09 Spaces per 1,000 SF Leased)
Frontage
177’ on 21st Street

Amenities

  • Signage
  • Storage Space
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Red Willow
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Red Willow Professional, Scientific, and Technical Services - - -
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Caribou Coffee
Cub Foods
Super One Foods
Applebee's
Anytime Fitness
Country Kitchen

Property Taxes

Property Taxes

Parcel Number
91-028-3409
Land Assessment
$284,800 (2024)
Improvements Assessment
$999,000 (2024)
Total Assessment
$1,283,800 (2024)
Annual Taxes
$42,212 ($2.21/SF)
Tax Year
2026
  • Listing ID: 40682159

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 225 SE 21st St, Grand Rapids, MN 55744

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