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
Build a hotel, apartment building, or parking structure!
Listed for purchase with 312 Ellsworth Ave
Build a hotel, apartment building, or parking structure!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
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
0.36
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.