Log In/Sign Up
Your email has been sent.
324 Ellsworth Ave SW 3,520 SF Retail Building Grand Rapids, MI 49503 $1,200,000 ($340.91/SF)
Investment Highlights
- Located near Acrisure Amphitheater
- Rapidly developing area
Executive Summary
Located in a highly desirable and rapidly developing area, this versatile property offers the potential for a hotel, parking structure or an apartment complex. Just 400 yards from the brand-new Acrisure amphitheater, it benefits from strong foot traffic and growing demand driven by entertainment and tourism. Situated in the heart of Grand Rapids, one of the fastest-growing cities in the region, this site presents a prime investment opportunity with excellent proximity to downtown amenities, making it ideal for developers seeking long-term value or growth.
Listed for purchase with 312 Ellsworth Ave
Listed for purchase with 312 Ellsworth Ave
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,520 SF
Building Class
C
Year Built
1960
Price
$1,200,000
Price Per SF
$340.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
2-1 Commercial Improved
Parking
15 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Mid Michigan Car & Truck Svc
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Mid Michigan Car & Truck Svc | Services | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-13-25-462-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $157,100 |
Property Taxes
Parcel Number
41-13-25-462-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$157,100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
324 Ellsworth Ave SW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.